Agred. IMO KP2 is significantly undervalued. So my understanding...

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    Agred. IMO KP2 is significantly undervalued.

    So my understanding is that Kore DFS was calculated with a potash market price of US$350/t, and at that price, the project was forecast to deliver US$500 million PER YEAR in free cash flow for 33 years (US$500m x 33 years = US$16.5 billion FCF over project life). That's in USD.

    potash prices are now much higher than US$350/t and will likely remain high for a long time to come (current potash spot price reported as exceeding US$1000/t).

    also, KP2 is working on increasing and extending the resource and project life via development of the nearby Dougou and DX deposits.

    the potential here is...pretty impressive...to put it mildly.

    GLTAH.
    https://hotcopper.com.au/data/attachments/4194/4194749-06fc03ed29e2265c856e450ad2e59f6a.jpg
 
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Last
4.6¢
Change
0.001(2.22%)
Mkt cap ! $30.07M
Open High Low Value Volume
4.6¢ 4.8¢ 4.6¢ $140.6K 3.017M

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No. Vol. Price($)
1 110752 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 20656 1
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Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
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