Cash backed and a major Potash resource, page-25

  1. 28,611 Posts.
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    i would have thought that even two years they have mentioned, is conservative.

    environmentals i would expect, could take around 12 months?? any thoughts there?

    again to me, that mention of 4 years looks more like just terms and clauses.

    If they are keen, then they could certainly expedite it.
    They make a point in their presentations of a disconnect with value, being misunderstood.

    Although, imo they have stated it above very clearly.

    "fast-track development opportunity"

    Perhaps the market, was previosly thinking that a small cap would dilute heavily to raise the hundreds of million in capex to fund Oxley. Thats its future was in a distant cloud.

    Now they have the means to show the market, the cash flow path that will unlock hundreds of million in revenue, from oxley Potash, with minimal dilution that it takes to get the low capex Ardmore into cash flow heaven.

    Their focus in presentation, should be to show that they have a credible path to move forward, with minimal dilution.
    Last edited by stevenjd: 05/02/17
 
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