Ann: Acquisition of Minority JV Interest Karinga , page-2

re: Ann: RUM: Acquisition of Minority JV Inte... So here we have a current commercial value of potash in Australian conditions. 10% of 8 million tonnes is worth $600,000 give or take based on the current RUM price of 13 cents. 8 million tonnes is worth $6 million. 8 goes into a billion 125 million times. 125 million times 6 million is, wait for it, 75 trillion. Which is possibly all the money in the world and then some. 75 trillion divided by 120 million shares is $625,000 per share!
Personally I would accept the round half a mill.

Help! I've started channeling Phil1! Surely my math is out somewhere. Can a smarter person than me rerun these figures? Whatever the sp has to be greater than 57 cents. This assumes we firm up the billion tonnes