STB 0.00% 40.0¢ south boulder mines ltd

Ann: Update on De Merger of non Potash Assets - T, page-8

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  1. 1,082 Posts.
    re: Ann: Update on De Merger of non Potash As... "Bazz, edit to add that the Duketon assets are on a 1:4 basis, which makes the 7c loss a bit compounded. "

    Asf, it's your starting point that is problematic I think. We don't know how much the share price will drop. The 7c is a nothing figure. The market will adjust the price.

    re China interest in potash, isn't the theory that they are meant to be building infrastructure in Ethiopia in order to access potash? The reason the Chinese would buy in Eritrea rather than elsewhere is because Eritrea is cheap because shareholders keep over-selling!!


 
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