SFX 0.00% 32.0¢ sheffield resources limited

verde potash, page-6

  1. 397 Posts.
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    I have picked up a few just now, those grades look good and I like the close location, not 2,000 miles east of Perth in the middle of nowhere, appears to be just 300k's north of Perth, would not be any need to build a lot of roads or rail, all already done. Building Infrastructure kills so many projects, also resource is close to the surface...of course I'm horribly biased now as I have bought some, lol :)

    so as per usual DYOR, I make wild assumptions.

    good old wikipedia says:

    At the beginning of 2008, Potash prices started a meteoric climb from less than $200 a tonne to a high of $875 in Feb 2009. These subsequently dropped dramatically to an April 2010 low of $310 level, before recovering in 2011–12, and relapsing again in 2013. For reference, prices in November 2011 were about $470 per tonne, but as of May 2013 were stable at $393.
 
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