K2P 0.00% 18.0¢ kore potash limited

worlds largest potash exp. prog :16+25 holes, page-3

  1. 651 Posts.
    lightbulb Created with Sketch. 155
    Radio A,
    couldn't find the part about the 3 month expiry, but interesting nonetheless. This combined with their casual mention of the maiden resource statement in the investor update of February 7 as "NI43-101" (the TSX standard), rather then "JORC" (the ASX standard) must make one conjecture:
    - a capital raising is planned;
    - at a higher issue price than currently pertains;
    - that this issue could take place on the TSX;

    If it's true, then there needs to be a catalyst for the share price to improve - the JORC/NI43-101. I'm with Denpal and Anatol, that the statement could exceed expectations. That would provide management with the trigger to make the new issue for minimum dilution.
 
watchlist Created with Sketch. Add K2P (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.