K2P kore potash limited
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Failed finance because the reserve is burried so deep!!! 500m in...

  1. Black_hole
    1,829 Posts.
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    13/02/11
    04:26
    Post #: 7882748
    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.
    K2P Price at posting: $1.82 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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