SHP 10.0% 0.9¢ south harz potash ltd

Ann: Ohmgebirge study evidences world-class potash development, page-27

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  1. 1,882 Posts.
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    Yes, I expect some people have read the announcement and realised we required a decent amount of capex and they have to wait to make real money, so exited as a result.

    Why they did not have an inkling of these things prior I don't know, but the time frames are a bit longer than forecast by a few so this may have triggered some.

    To each their own I guess, whilst the short term effect is not something any holder usually wants to see off the back of such as great announcement, lets hope those shares have fallen into stickier hands who see the longer term value here. Even a 'medium' term takeover could be incredibly lucrative; BHP acquired Athabasca Potash for about C$340m or thereabouts.

    I am picking we recover pretty quickly from this drop, but admit my bias!

    Cheers,

    kk
 
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