Gizard and TD ... what do you think is afir value for the SP on what the market kows about TRH ?
What I'm trying to establish in my mind is what SP is justified today on the grounds of how TRH compares to other potash plays like STB and ELM for aspects such as resource size, resource depth, cash in the bank, and in particular, the likely funding arrangements of the $2Billion mine construction costs ...
Would for example a SP some time soon, (even before the current round of drilling results are received) of say $2 per share ( MC = $120M) be justified vs other plays IYHO ?
Just a comment on this matter from you guys if you done mind, and anyone else clued up enough on the data and information available.
My own opinion is that if its not justified right now, then it would be on JORC announcment, with higher SP levels on news around construction funding and Federal land access.
TRH Price at posting:
88.5¢ Sentiment: Buy Disclosure: Held
