AMZ/NPK has managed to navigate the last 4-5 years with very minimal capital expenditures for their development and research, which on the thermopotash was covered by the government and the university and other partners agreements, I think other than that they burnt through maybe $10MM (a guess)? . Management is strong, if you know how to read, read their bio's. Take a look at the board as well... who is the chairman? Ethiopia a growth power house? growing from nothing will show strong %'s of growth. Brazil on the otherhand a semi-developed country being one of the biggest growth stories of the last 4 years.