The prospectus stated that to build a new plant the same as what they have at Wonawinta is circa $150m, that's a decent chunk of change right there. Also stated is historically there's only ever been relatively shallow drilling so the prospects of finding a larger deposit here are quite favorable.
You have to at least give this mob a 10/10 for timing if nothing else, if Ag price continues to rise and actually breaks out into a sustained bull market (as many smarter then me are predicting) then this company is in prime position to ride that gravy train north even if they're just semi competent at running a mine. I think it's definitely worth a token specy until there's some drill results and some financial results.
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