Only recently discovered this little company, quite a small...

Only recently discovered this little company, quite a small market cap at ~ 15 million with a sp at 35 cents.

Recently acquired a highly prospective potash permit in the US with an exploration target of 2.5 -3.8 Billion tonnes. All of which is close to existing infastructure.

I like idea of solution based mining to cut down on time and financial scales, combined with the fact that TRH are targetting to supply the US market with their product.

With North America now requiring close to 20 million tonnes per, whilst only producing 10 million tonnes it's quite a realistic target market with significant upside should transit demonstrate the ability to produce at 2mtpa, as targetted by management.

With grades at between 20 - 30% KCI TRH appears to have secured a highly lucrative permit in the Paradox basin with a very high pay off.

With just over 42 million shares on offer the register is pretty tight and some exploration permits for Iron ore close to where CAZ cazaly operate they are a nice fall back position for any future capital should transit divest these assets in the future.

Personally, I think TRH is a sound buy.