K2P 0.00% 18.0¢ kore potash limited

elm vs fmj, page-8

  1. 5,924 Posts.
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    Potash can be extarcted from any salt lake in the world. We have huge salt lakes here. But it is not very economic because of the grades.

    ORE is a lithium play. I know this company very well and I like it. Time to time I buy and sell it.
    However (I checked it now again) they have added potash stuff only for speculating the sp IMO as it is very popular now. They are trying to show their asset value of the resource as high as possible. They are showing 4.4 million tonnes of potash as resource, no detailes.

    What would they do with only 4mt potash, how much of it is recorerable is not clear. How they would make an investment ofr it? So it is very specualtive. We have much better potash players for Australian salt lakes here.
 
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