I cant figure it out either Birmingham...
I think if you read through many of the posts today you will understand that many folks are getting pretty emotional over this stock. Emotion equals extreme behaviour.
The original "Estimate" for the Paradox Basin was 3.8 Billion Tonnes at 19%KCl to 29% KCl. This was before their "Rampy" upgrade of the estimate. Never-the-less the original estimate had a phenomenal NPV.
Today they report that the outer edge of the zone, which everyone would expect to have lower grades, came back with 2.9 meters of 22% KCl and 6.7 meters of 17% KCl... Thats not amazing, but is a pretty good indicator.
C'est La Vie
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