To buy the neighbours mining license and tenement area for 40mill,
I don't know much about it, other than historic mines. I can't read the doc yet.
But the quick questions I ask are.
How much potash is on the proposed mine license.?
Is that what they value OmBurger to be? also 40mill? Assuming there's still potash on proposed site that has access shafts.
As yes the 1 billion price mark to setup and then time it would take to pay that back or dilute. What would OmBurgers Price be valued at?
This is very disheartening (share price, SHP)
Ann: Sollstedt Mine Purchase, Ohmgebirge PFS & Maiden Ore Reserve, page-7
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