Several above come across as having far superior industry knowledge to my own but I ask the following: -Would the directors have recently invested substantial amounts of their own money if the above concerns had merit? -Would the lender have allowed drawdown of any facility were they not satisfied with the viability of the project? -Would several multinational fertiliser distributors have entered into TorP agreements without adequate due diligence? -Would the share price have risen ~60% in the last year (which has seen several dilutive equity raises) if this were a white elephant?
SO4 Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held