Let's wait for a proper JORC reserve statement for all of STB's...

Let's wait for a proper JORC reserve statement for all of STB's assumptions (surprised that ASX let them publish this promotional summary without one?). I suspect that their revenues are optimistically overstated based upon current price trends for SOP and MOP - every other commodity has fallen back to earth and fertiliser prices are no exception! STB (+AMC) used USD720/t SOP and USD340/t MOP in their "reserve" but I know existing producers only use USD400/t SOP and USD250/t MOP in their own conservative reserve publications?? Banks will just laugh when they go begging for half a billion in capital based on such a rosy outlook (aside from the obvious risk of investing next door to Yemen, Somalia and Ethiopia).