worlds largest potash exp. prog :16+25 holes, page-10

Anatol, I agree very much in Your argumentation and Your posts are highly appreciated.

Let me add some questions, for which I still could not find any answer yet:

1. Why does ELM not intend to go immediately (as soon as possible) into production and start then an the yet added drilling programme?

2. Is it really an intention to go into production or is it intention to bring the value up for a possible take-over?

3. Why are no offers or interests yet made?
(Now ELM would be much chaeper than in 2 years?)

4. What were the real reasons for the T/o offer from BHP for POT?
(bringing up their market force or were they only interested in keeping down a competitor?)

Thxs