40m euro transaction to ultimately increase the opportunity and significantly decrease the capex required on additional shafts...
FINAL TRANSACTION COMPLETION (AND PAYMENT OF CASH CONSIDERATION) IS TO BE CONDITIONAL ON SOUTH HARZ ACHIEVING FULL PROJECT FINANCING AND TAKING A POSITIVE FINAL INVESTMENT DECISION FOR THE OHMGEBIRGE DEVELOPMENT
Cool, so no further dilution right now, but really need the potash price to start to turn back up.
As before we are at the behest of the macro world. I do think potash has bottomed and there's still instability in the market that could lead to a gradual rise this time instead of boom and bust. It's happened with other commodities in the last 12-18 months as we see copper / gold / iron / lithium start to leap back from their lows. Hard to say.
BHP has their say here but there's certainly no crystal ball
https://www.bhp.com/investors/economic-and-commodity-outlook/2024/02/bhps-economic-and-commodity-outlook#potash
I remain held, but unsure of my plan short term
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $8.900M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $1.886K | 188.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1011500 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 293317 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 834683 | 0.008 |
8 | 2458695 | 0.007 |
3 | 1450000 | 0.006 |
1 | 300000 | 0.005 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 293317 | 2 |
0.011 | 165666 | 1 |
0.020 | 8000 | 1 |
0.027 | 413326 | 1 |
0.000 | 0 | 0 |
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