Took an entry position today @ 0.074
There's a lot to like here.
The directors attitude, seems genuine and not rampy, building a position on market, reduced salary.
High percentage of institutional investment for a 30m company.
Good macros around potash.
Has the potential to be a real big player in Europe and provide local supply, even bigger if bhp's project doesn't come through.
7.5c SP -> $1.11 SP Target (Largest Potash Deposit in West-Europe) $30M MC, page-30
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