bigger than elm and stb combined, page-5

Those extra 12 wells to be drilled in addition to the current 5 will give us a wall of ANNs grading respectable potash right through to somewhere around September.

Even $2 per share makes us worth only $80mn (minus cash and the RAD holding) and that is far too cheap imo.

TRH will fly this morning.

Happy days indeed.

EB