open letter to management, page-37

travelbug2 -
My apologies, I should have been clearer in what I wrote - I was thinking in terms of open cut vs. solution mining. But again, I don't really know much about the costs associated with these two mining methods.

And absolutely agree with you that the limits of the potash beds do need to be defined. But IMHO, initially targeting the thickest, highest grade regions would increase investor confidence and support a higher share price. This would make it easier for the company to obtain funding down the track when they are looking to define the potash bed extent.

I have sold my remaining shares in this company. Whilst I think that the potash project that the company holds is still a very good project, IMHO the thing that will push the share price higher is drill results from the thickest, highest grade regions. I am not confident that the fed permits will result in a higher share price without being backed up by drill results from the thickest, highest grade regions. Of course, I could easily be wrong, this is just my opinion.

Until drilling locations are decided upon that will confirm these thickest, highest grade regions, I feel a little uneasy about holding shares in this company.

Only my opinion - Do your own research!