I completely agree Def. STB's land concession is walking distance away from FED's in Ethi-. STB, FED and AAA are all proposing open pit potash mining but there is very little expertise in this area. It makes economic sense to collaborate and consolidate. STB and FED are within the United Nations mandated border buffer zone. The buffer zone will not be needed when there is robust mining projects where both Eri- and Ethi- are realizing major revenue streams.
The creation of a large number of jobs/pay/taxes will help stabilize the region and the governments. The World Bank has invested in Allana not for the potash but for the economic development and stabilization of the region. It's certainly possible that the World Bank is looking at STB in Eri- as well for the same reason. Sprott has substantial investments in STB, AAA and FED.
STB Price at posting:
$3.97 Sentiment: None Disclosure: Held
