re: Ann: TRANSIT ACHIEVES CRITICAL PERMITTING... Palms7,Your...

re: Ann: TRANSIT ACHIEVES CRITICAL PERMITTING... Palms7,

Your understatement ROFL ...

Market cap currently sits around $13.5 million. In other words we have gained just shy of $2.5 million in value on this news. Leaves us with much potential to go higher given the extent of our potash reserves. Did someone say 2.5 billion tonnes or more of potash ore at 20-30%? :)

The resource and potential is mindblowing. Plenty of work to go to realise the value but each step should add signficantly to the market cap as the viability of the project comes to light. The scoping study results should be interesting. Trying to wait patiently.;)

I agree we've not seen a significant impact on the market cap from this announcement but down the track as Transit becomes noticed, that will change.

DYOR.