Reduced resource and grade, as well as a dramatic NPV reduction....

Reduced resource and grade, as well as a dramatic NPV reduction. However NPV appears to use 10% discounting, so that's quite conservative. I don't hold any KP2, and with a $43m market cap and only $5m (USD) in the bank will sit on the sidelines to watch this one for a bit. Would take a punt if/ when they have more cash in the bank, MC drops below $30m or they get closer to an indicated resource annoucement.

just my 2 cents from an investor who stumbles across these guys 2 days in search of a good potash play.