cheap ....no buts , page-3

any stock that is just about to undertake drilling on prospective DSO iron ore and manganese would expect to have a m/cap of $10m pre drill.

this currently has a m/cap of about $10m

the iron ore prospects are actually pretty good.

so i believe there is no e/v priced in for the potash at present so you would expect a significant re-rating once drill schedule is announced.

potash prospects would appear to be free at this price.