Dunite Your choice whether you believe it or not. Other posts on the stockhouse and the flyer below suggest that BHP is undertaking some serious potash exploration in Ethiopia. http://www.bhpbilliton.com/home/aboutus/sustainability/Documents/2011/UtilisingNewTechnologyinEthiopia_HeatStressManagementintheDanakil.pdf Regarding, Colluli deposit, yes it is the shallowest potash deposit in the word and the possibility of mining potash by open cut makes it particularly attractive due to low capital and production costs.
STB Price at posting:
$1.73 Sentiment: Buy Disclosure: Held