A comment just posted by Andre Baya, CEO of KP2: ".....We are now busy working out the Financing Term Sheet with the Summit Consortium and UAE funds...."
IMO, KP2 is very likely about to secure US $1.9 billion dollars in project funding (AUD $ 3 billion dollars) to build the Kola potash mine, which has a cost of production that is among the lowest in the world. A project which has been shown to be highly profitable once in production.
KP2 market cap is approximately AUD $200 million dollars. Once KP2 secures AUD $3 billion in funding to build the Kola potash mine, IMO the share price should significantly re-rate in order to more closely reflect the value of the asset (Kola project) which KP2 currently holds.
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