Short Term Trading Weekend 11th-12th November, page-69

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    STTCOMP APC, TA Long
    Australian Potash
    MC $23m
    Cash $1.9m

    Looks to have bottomed out, and starting to turn upward.
    The threat of production saw the SP drift slowly from 16 cents to 8.6 cents.

    APC UNLINED.PNG

    The above announcement refers to un-lined, on-lake evaporation ponds, but was a little vague on the specific cost savings.
    The SO4 announcement made it far clearer just how much in savings this means, and when the market realizes this, APC should start to get rerated.
    P.S. They have a sneaky bit of a gold project as well.

    SO4 UNLINED.PNG

    apc_ax19apr17_to_20nov17.png
 
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