The recent ADY quarterly states:
“Dr Ricardo N Alonso leading our exploration efforts and identifying new mining oppurtunities in the region has a focus on potash and mobilising his team of three geologists to explore for significant potash reserves.”
I thought it was a by-product only for ADY, but it would seem to occur naturally also, in some form on site?
That $550USD p/t potash figure in ADY's presentation is ancient history now. Uralkali is getting USD$1000 already on the spot market. Uralkali is the world's 2nd largest supplier.
http://www.hemscott.com/news/rna/item.do?newsId=63451699569604
Another presentation from a Potash company worth a look:
http://www.k-plus-s.com/export/sites/k-plus-s.com/en/pdf/2008/hsbc-conference-frankfurt_speech.pdf
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The recent ADY quarterly states: “Dr Ricardo N Alonso leading...
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