re: Ann: Exciting New Strategic Initiatives a... the parts i...

re: Ann: Exciting New Strategic Initiatives a... the parts i like

"..the Company is actively searching for new board members/strategic
partners."

"The Company is also in discussions with a very large African conglomerate who have recently entered the fertilizer scene through a major investment, and have recommenced discussions with various companies that had, prior to the Dingyi bid"

The Company is of the opinion that the recent break-up of the Russian based cartel will be remedied and that
potash prices will rise, however due to the robust economics of the Kola project the NPV at these artificial low prices
is still substantial and it remains in the lowest quartile of cost producers