POK potash minerals limited

The message from the agm explained by gottalovevmt was very...

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    The message from the agm explained by gottalovevmt was very accurate. Except,to add further explaination : Ananda explained that it's the JORC rules that will require $30 million extra to drill on federal land. That's about $4 million per well. So, the rules require better checking of historic drilling data. Also, the potash cartel can quickly stop overproducing, in favour of higher world prices at some point in time. At that time, better dealmaking would allow POK JV partner money at lower cost to shareholders. Seems like a good lower drawer investment.... wait and see !
 
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