K2P 0.00% 18.0¢ kore potash limited

prime strategy: mine development or takeover, page-9

  1. 539 Posts.
    Current shares on issue = 243.61M
    Previous non-binding offer @ 0.77 = ~$190M

    New shares on issue would mean offer price of ~ 0.64c (not taking into account new capital)


    In the presentation they remark that Potash is cyclical in nature. Anyone know where we are in the cycle?
 
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