SHP 9.52% 2.3¢ south harz potash ltd

I think the question is quite a reasonable one from Chad based...

  1. 86 Posts.
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    I think the question is quite a reasonable one from Chad based on the price optimism presented.

    The inflated share price mentioned over a 12-15 month seems to be very ambitious from where we are at the moment. That comes from someone who is still somewhat bullish on the project. Financing still remains the big caveat that needs to be identified. While I appreciate that it was somewhat addressed in the interview, the PFS and FS will still identify a multi hundreds of millions dollar funding issue that will need to be addressed.

    The upcoming studies will hopefully do some "de-risking". But ultimately, it doesn't matter how much product you have under the ground. You still need to have the money to get it out of there.

    If Luis truly believes his price rhetoric then I would be expecting to see some more of his money going into the project. I mean if you are that buoyant on a 10-15 bagger in months it seems almost silly not to.

    Sounds a little bit pumpy to me.
 
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