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.
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Last
3.8¢ |
Change
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Mkt cap ! $25.01M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 2.9¢ | $441.3K | 12.07M |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 233921 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 26315 | 0.038 |
1 | 14471 | 0.036 |
1 | 50000 | 0.033 |
1 | 200000 | 0.032 |
3 | 135000 | 0.030 |
Price($) | Vol. | No. |
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0.040 | 20000 | 1 |
0.041 | 258152 | 3 |
0.043 | 10000 | 1 |
0.044 | 150000 | 1 |
0.045 | 293500 | 3 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 15.41pm 31/05/2024 ? |
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