Hi all, STB's potash project is clearly the standout amongst its...

Hi all,

STB's potash project is clearly the standout amongst its peers for a whole range of reasons.

Only valued at $34 million with $9.5 million in cash also places it well. The PFS is to be released in the coming weeks and the DFS has begun.

Some projects don't have legs. This one does. I am buoyed by the terminology in the quarterly. An example of this is the fact that 'final' resource determination has been handed over to AMC for calculation. Mine planning and engineering, infrastructure and port design along with the metallurgical testwork confirm this view.

Appointment of a financial advisor and the recent addition of a strategic investor add to my confidence.

I have to race off to meetings, but I suggest potential investors take the time to carefully assess the quarterly and the recent company update. This will help value STB relative to its industry peers.

More later.

All the best folks.