STB 0.00% 40.0¢ south boulder mines ltd

rising tension between ethiopia and eritrea, page-6

  1. 1,525 Posts.
    So what. The only ones who worry are the short term holders not the ones looking at the bigger picture and that is food resources and where the demand for Potash is. The eventual buyer (if there is one) for this project will be a China state owned company that wants the resource to secure its peoples food crops and thus its people. Do you think that Ethiopia will want to get in the way of China after all one way or another this resource is headed there to feed and support this economy. China is desperate for another Potash major resource that is outside Canada and Russia and Eritrea has this and so does Ethiopia but Eritrea has a seaport where Ethopia is landlocked. Eritrea has the upper hand for securing its self as the world next major food mineral resource major and in some ways this is bigger than oil.

    If it all is such a big deal why is STB constantly knocking back offers for the site?

 
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