K2P kore potash limited

Failed finance because the reserve is burried so deep!!! 500m in...

  1. 1,829 Posts.
    Failed finance because the reserve is burried so deep!!! 500m in ground with pitiful grades. Who on earth would invest 850mil for 240mil revenue on low margin.

    You are right, price needs to be $1000 before it is feasible, and it was prior to GFC.
 
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