SHP south harz potash ltd

Depends...IF they wanted to expedite and make a start on...

  1. 2,856 Posts.
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    Depends...

    IF they wanted to expedite and make a start on drilling project E in tandem with progressing O towards DFS then we will need cash soon, as over half would go to drill crews, then add labs, resource modeling consultants, etc. A potential route that would need more cash

    But to me this presentation is about drumming up interest prior to the results in a couple of weeks. Presentation calls out that they want to grow value through stepping along the story, so I doubt they will run a CR before August's scoping study, or perhaps on the mineral resource upgrade - share price wants to be well over where we are before that. Also could net another $1-2m or so in options conversions by then
 
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