7.5c SP -> $1.11 SP Target (Largest Potash Deposit in West-Europe) $30M MC, page-27

Funnily enough, I shared a similar exit on TA breaking down after entering sometime in March, before rebuying last week.

It's probably the most dizzying stock potentials I have come across:

Current SP ~7.5c (targets below by Cenkos Securities)

$1.11 Target based on $300/t

$1.88 Target based on $412/t

Potash prices currently $600/t

That's BEFORE China banned exports of their potash on Friday.

Do we see $800/t on the horizon?

The LT thematics are incredible, with macro falling into place with pressures for Europe to own their supply.

I imagine this project will get fast tracked via government pressure, that's before we take into account wide spread flooding/heat waves and environmental pressures hurting crop yield. Food security concerns rising, environmental pressures hurting yields promoting use of fertiliser, necessity to own supply chains when it becomes dog eat dog.

Macro plus the perfect investment vehicle to capitalise on it; imho.

Certainly my play for Potash.