The Sulphate of Potash (SOP) story in Australia has been a...

The Sulphate of Potash (SOP) story in Australia has been a disaster with almost $1 billion torched over the past 4 years.SO4 is in receivership and promised great things it could not deliver.Fertilizer stocks are in demand as a result of the Russian sanctions and the area will remain hot for some time.But PWN has a minority interest in what has proved to be a very difficult area and unless it takes control of the project and can quickly show how it the technology to overcome the problems, I see no upside for us in that story.
We need to understand that PWN is not run by share promoters but by individuals who want the technology and themselves taken seriously by major companies.They are full of their own ego and forget they have a penny stock which HAD many loyal followers.
They probably believe that one of the main reasons they are not securing the contracts we have been expecting is because PWN is a penny stock.They might even be so crazy as to propose a consolidation of the shares!
Bahay and his board need help and quickly to stop the rot in the share price or it will keep falling.
They need outside professional help with presentations,investor relations and financing even if they do secure a contract for something soon.