SHP 0.00% 1.2¢ south harz potash ltd

If drilling is to finish in Feb, it is likely 3 months to get...

  1. 282 Posts.
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    If drilling is to finish in Feb, it is likely 3 months to get results. Assay results have been extremely slow lately, and likely to get worse as labs loose staff to covid quarantine over the euro winter/spring.

    So I'm thinking results won't be released until May. With no news until then the price might slide back down a little, and some fomo start to build in May.
    I think April/May this stock will become an entry buy for me depending on the pricing at that time.

    My view is this company could/should get bought up once it is able to prove to the market what the stocks in the ground are really like. I don't think it will be BHP unless they want to really have a good hold on the market, but somebody with deep enough pockets to start mine development without CRs or digging around for (new) debt funding
 
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