SHP 0.00% 0.9¢ south harz potash ltd

7.5c SP -> $1.11 SP Target (Largest Potash Deposit in West-Europe) $30M MC, page-2153

  1. 172 Posts.
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    It's kind of darkly ironic that one of SHP's biggest perceived advantages; having a massive resource provable in a few confirmatory holes, eliminating the requirement for diluting drawn out exploration, has now become their biggest hurdle. It's like they skipped the line to get to the front but are still too short to ride.

    Staged development, JV, T/O, institutional placements for early stages..options are still there and I'm hopeful in the longer term. Maybe they can borrow $650M from a very generous bank and start tomorrow...
 
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