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40.0¢ south boulder mines ltd

I interpret the statement as that you shouldn't compare apples...

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therealtruth

77 Posts.

24/02/15

11:09

Post #: 14807172
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Originally posted by Fips ↑

Have heard that the PFS will be released 1st week of March...also read the update today and think that the PFS will be positive, however, how do you guys interpret this?

"As module 1 at Colluli will produce the premium potash products SOP and potentially SOPM, it should not really be compared to any of the more common emerging muriate of potash (“MOP”) projects. Naturally in a competitive market for capital, comparisons will be made. We are confident, however, that our plan for Colluli will compare very favourably from any perspective be it capital expenditure, operating costs, mine life, product range, infrastructure requirements or profitability."

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I interpret the statement as that you shouldn't compare apples and oranges (because they are different) then theygo on saying that their "apples" will be more profitable than everyone elses "oranges"!

STB Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
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