8.5 billion tonnes of potash, page-12

Good point Meerkat. And the reverse is also true.

How is it that Fortis have signed a BINDING agreement to purchase 75% of Jian Resources and then announced their decision to conduct due diligence on the asset?

At one stage today those 40m shares issued to the owner of Jian were worth $160 million.

What if the asset is no good? Wouldnt you investigate the asset BEFORE signing away a controlling interest in your company?

A binding agreement for up to $160million and controlling interest for an asset you havent yet done DD on. Strange to say the least.