K2P kore potash limited
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dumb posts on this thread only a entity with debt can 'go bust'...

  1. ddzx
    37,911 Posts.
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    04/09/14
    18:31
    Post #: 13926458
    dumb posts on this thread

    only a entity with debt can 'go bust'

    ELM cannot 'go bust'

    ELM only has assets

    the only threat for ELM is if the local govt takes the potash deposit away from them due to an inability to proceed it into development

    even then, I trust the govt would provide some reimbursement for some or all costs
    Last edited by ddzx: 04/09/14
    K2P Price at posting: 20.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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