Ann: Phosphate Fertilizer Project Update, page-299

Interesting chart. The sp moves from here will be news dependent but the stock has had three prior, very similar accumulation periods to the current one. Three out of three accumulation periods of around two months each were followed by gains of 150% (middle of small cap bear market), 250% and 333%.

Draw your own conclusions on what the sp could do on positive news this time. Offtake contract plus funding news, if positive is the biggest, most important news the company will have had to date, from a very low sp and a relatively low mc near $50m.
Both the chart and fundamentals suggest a very strong move is likely if news is positive.