STB have found Potash BETWEEN area A and B, wow. Does not take a...

STB have found Potash BETWEEN area A and B, wow. Does not take a scientist to work out that with a current JORC of just over a billion tonnes this is likely to get to over 1.5 billion, the biggest in the world, but still with a tiny market cap.

Looking at others, ELM has a market cap of 273mill and has 362mt indicated Potash and 442 mt inferred.
STB has market cap of 134 mill, has 262 mt measured, 674mt indicated and 143 inferred. Yes I know ELM has higher grade but it is still solution mining, STB open pit as we know.

So why does STB have half the market cap, twice the resources and much closer to the important markets of India and China.

I think part of the problem has been the run up to $6 and selling in a lot of stocks has been unrelenting. The management team have delivered on what they said and with Dr Gilchrist a world leading specialist on Potash, this Tier 1 mine will get there, just hope STB can manage to keep it as long as possible.