Once the Engineering Procurement and Construction (EPC) contract is signed, and once the project funding is announced (funding is expected with 6 weeks of signing the EPC), then project construction will begin...
I wonder if SQM (major shareholder) would at that point put in a take-over offer for KP2 in order to secure a massive supply of potash at industry low prices for its business.?
We have seen SQM do this before in the lithium mining industry (SQM also deals in lithium as per above attachment).
All those events have the potential of occurring this year if things go well.
If so, i can imagine the take-over price would have to be epic considering the project NPV (also shown in above attachment).
DYOR. GLTAH.
Once the Engineering Procurement and Construction (EPC) contract...
Add KP2 (ASX) to my watchlist
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3.5¢ |
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Mkt cap ! $22.82M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.5¢ | $27.86K | 796.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 503799 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 525000 | 4 |
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| Last trade - 10.28am 17/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 3.5¢ | 3.6¢ | 3.5¢ | 170216 | ||
| Last updated 15.37pm 17/06/2024 ? | |||||
| KP2 (ASX) Chart |
