STB south boulder mines ltd
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serious exploration by bhp in danakil basin

  1. calina
    49 Posts.
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    24/11/11
    23:13
    Post #: 9339337
    Looks like BHP is very serious about potash exploration in Danakil basin. It's worth noting that BHP's concession boundary is bordering STB's southern end of concession over a distance of about 20km. If BHP has found major potash deposit there then this could present very interesting scenarios on possible consolidation and development of potash projects on both sides of the Ethiopian/Eritrean border.
    http://www.facebook.com/photo.php?fbid=10150790592175158&set=a.10150233532800158.458608.577620157&type=3&permPage=1
    STB Price at posting: $1.73 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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