I totally agree Middy. I`d expect the initial resource ann will be a lot closer to the 500Mt than 1Bt (even to the underside).
After that, many more months of drilling to prove up the resource.
As far as how long to production and what the SP will be at that point. I think we are a fair way off that point. Companies producing potash have billion dollar market caps. There will be a lot of funds required to build.
At this point I`m really looking forward to a positive ann regarding fed approval and it is good news that our neighbour has been granted one.
Interested to hear other`s opinions.
'
HG
- Forums
- ASX - By Stock
- POK
- fed approval
fed approval, page-8
-
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add POK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online