KP2 Discussion, page-392

Unsure at this point, ahamka.

I think most would be unsure also.

KP2 has massive potential (beyond the Kola project alone, and even beyond the DX & Dougou Projects).

Many potential target prices have been spoken about on this thread, and many factors could influence an optimal target price. For example, a rising potash spot price could significantly re-rate the equation...or a hot agricultural sector could lift prices higher than expected.

As i mentioned before, I believe (although not sure) that DH mentioned that he wanted to see KP2 on the main board of the LSE, rather than on the AIM board (which is for speculative small caps). IMO this indicates that DH has big future plans in mind for KP2. DH also holds about 400 million shares, so that indicates that he really has big plans for KP2 (you cant off-load 400 million shares easily.....but to do so, the company need to become a low risk, highly traded stock.).

The Oman Sovereign Wealth Fund (OIA), Harlequin, and SQM are in similar situations as DH with massive holdings. IMO, such big holdings indicate long term investment, with huge future price targets.

If a buy-out offer emerges, then a target price will essentially be set for us (if the offer is accepted by shareholders).

Of course all this upside depends on a successful EPC contract signing and project funding.....and even with that alone it is difficult to predict how the market will react.

I guess its fair to say that i can see big potential here, but have not set a target price as yet. I guess i am watching closely and waiting for a target price to "reveal itself" in time.

Happy to hear other peoples opinions on this also. Please share your price targets or thoughts surrounding such if you would like to.


Updated Significant Shareholders List