‘twas a compelling investment pre supply side shock. Cenkos...

‘twas a compelling investment pre supply side shock. Cenkos valuation had it at ~0.30 on scoping study release based on pre war LR potash prices.

the price of potash may come down but the sanctions will prevail, security of domestic supply will be a lasting theme.

the hit to the SP as of late is in part due to the exit of the CEO, delays and to a large extent liquidity exit on mass.

expecting a new CEO and scoping study release pre Xmas, 0.30 is not far fetched at all. The concern is when and if the liquidity will return to the market. Which it might if inflationary pressures ease.