It will be interesting to see the outcome of the scoping study
what price will the market put on 44 mt of indicated contained k20?
it is probably close to $2 per tonne currently with the current market cap and outstanding options
gold companies can go for $35 to $100 per ounce (indicated JORC) if you follow broker and analyst reports
that equates to about 1.46 % if we assume the lowest value ($35 per ounce) and a gold price of AU$2400
if we assume potash price somewhere around $380 then the current $2 per tonne of contained potash is 0.52%
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It will be interesting to see the outcome of the scoping study...
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