You may well be. Check out the Allana resources example in my post here...
https://hotcopper.com.au/posts/62488691/single
Similar situation - $10m in bank, a resource about 40% the size of ours and needing pretty much the same capex in 2015, yet they sold for $200m... 4 x what SHP is. In Africa
Yet we have a higher basket price for potash nowadays
Ann: Ohmgebirge study evidences world-class potash development, page-11
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