7.5c SP -> $1.11 SP Target (Largest Potash Deposit in West-Europe) $30M MC, page-1628

Do you guys mind if I post the odd chart here, or should we start a separate thread for charts only for the heretics like me?

Looks like it will pull back to the EMA's as expected (jumped too far, too soon), and the bearish harami reinforces that view. I expect it to hit those and then bounce again for the next leg up:




With the supply constraints and prices for potash only likely to rise in the short to medium (and probably long) term, this is primed for another run.

Have been doing some more DD on this stonk since the weekend. 5.3Bt mineral resource with an estimated 567Mt K2O. Wow! BHP would be very proud of that ;-)

And we're scratching around at our smallest tenement ...

V early days but I am really liking the potential here. Wish I'd got in at ground level as it were, but considering what is likely to be JORC'd up over the coming years, I still think of this as getting in early.

Looking forward to the results of the drilling (I can't see the Germans messing up their drilling campaign / mapping to a huge extent, however old it was (even a century ago!), so you can probably take what's "known" as, "read"!), and the DFS coming out in the next 2-3 months.

The only downside I can see at the moment is the loose registry and overhang. Needs tightening up and the profit takers to move on.