re: Ann: SUCCESSFUL SCOPING STUDY FOR POTENTI... Reading between the lines, the NPV cant be released because the current exploration on the leases currently hasnt met JORC compliant standards.
Does anyone have any financial modelling expertise?
Im sure given the parameters used the NPV can be calculated....looks like that is in the $billions too!!!
A bit disappointing, but hopefully the drilling will come soon to prove up the resource. There were a number of holes drilled in the area based upon previous announcements...perhaps they just weren't on the TRH ground direct.
in any event potash beds are uniform and consistent in nature..might speak to the company about the proximity of the previous drilling to the current TRH leases and timing for lrelase of the NPV.
Ribbitt
re: Ann: SUCCESSFUL SCOPING STUDY FOR POTENTI... Reading between...
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