A second broker has just added a "strong buy" recommendation to KP2 (as per below image). Fair value at 4c.
Previous status attached above.
KP2 is sitting on a resource worth billions of dollars, and has clearly stated an expectation that it is about to receive 1.8 billion dollars in project financing within the next few months.
KP2 has clearly stated an expectation that project construction is expected to start in January 2023.
At current potash prices, project NPV is over 9 billion dollars.
KP2 currently sitting on 7.5 million in the bank, which equals more than 10% of its current market cap. Company is fully funded up to expected receipt of project financing.
All of these achievements, and current market cap is about 68 million.
KP2 seems so undervalued.! Two brokers now applying a "strong buy" recommendation.
IMO KP2 is about to breakout big time.
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