They will need to raise a few million here to complete a bankable feasibility study and pay off the debt.
The directors are owed half a brick.
I notice they are not converting the debt to equity at this stage so may want cash. See NOM
Agree, better to chase HPA rather than Potash in difficult jurisdictions but it would seem they are going to keep the potash moving along in parallel, see recent announcements . Maybe a spin off coming?
DYOR
IMO
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