In those terms the whole project seems to be a 'long shot'.
However i guess all start ups face this issue.
If a Jorc is proven later in the year then the funding might come in from anywhere/everywhere.
Are there many start-ups with proven Jorc that fail to find funding? (any commodity start up, not just Potash). I guess this is where production costs come in.
Seems that TRH's planned method of production is proven and reliable cost-wise with neighbouring mines using similar proven method, so production costs should not be prohibitive.
Still researching Potash supply/demand at the moment too before taking a position.
TRH Price at posting:
34.5¢ Sentiment: None Disclosure: Not Held