Above in this thread I observed:"We have passed a major...

Above in this thread I observed:

"We have passed a major milestone with environmental permits. I would expect key holders are shopping HFR to Israeli Chemical and K+S. The quality of the asset and strategic location command their attention."

This process, invisible to retail holders like you and I, is an essential step as they may be willing to buy + environmental permitting and the value they attribute greater than the cost of HFR building out a Spanish MOP business on the rights it currently enjoys.

The deafening silence suggests they aren't interested at key holders' desired price.

HFR now has little choice but to actually build the mine. It will need a significant equity raise or partner a European fertiliser business to move the project forward. Hence the share price weakness.

We have no way of telling whether further patience is warranted. I change my sentiment to None.

Ash