K2P kore potash limited

trytowinPhase-2 drilling may be starting in one or two weeks as...

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    trytowin

    Phase-2 drilling may be starting in one or two weeks as far as I know. It was told to be started in Q2 roughly on anns. We are exactly at the middle of Q2 now.

    On the last anns. they said ;"the company is in the final stages of the Phase 2 exploration programme design, which not only includes the work required to upgrade the current resource into reserve for the DFS, but also to target new mineralisation both contiguous to the current resource and also to test regional targets. An announcement in this regard will be made shortly.

    They will give us the new target for resource; 1.2bt, 1.5bt or 2bt or whatever they like.

    Stock price should spike up again when they release this information. As long as this information is not released, there will still be a good buying opportunity for the smart money and smart investors. I don't think the management would want to stop the stock price going up by delaying this anns. and Phase-2 drilling.

    Anyway, we have the GM on Wednesday, that has the priority. We'll see what happens there. I will be attending the GM on 18th. If we shareholders can manage to make the right decison for the company, everything will be different after 18th.

 
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