Agreed. I have mentioned on numerous posts that the management are well aware of the size of their projects but this has caught me off guard. Potash and phosphate on the same area?!! If they can draft an economical study on the potash then the NPV and IRR on the total project will be quite incredible.
Once again, i reiterate that this new potash license is a historical delineation. Management are progressing in leaps and bounds...we now know the reasons behind their purchases. We still have the major newsflow to kick in till 2012 jan.
The more tight the register...the greater the upsurge. I am all in....
MNB Price at posting:
35.8¢ Sentiment: Buy Disclosure: Held
