cacheitin’s details
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Excellent assessment of the situation. although, I do think they will secure debt in excess of 300m . |
5/7/2013 2:32:09 PM |
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Very good point Magis. Chinese walls are enforce rigidly by the securities regulators . To read into what is probably just discount brokerage trades, and connect it somehow is reaching for dreamland IMHO. ethiopia- I believe the financials are ou... |
5/7/2013 12:18:21 AM |
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I doubt they are even spending $1 million per month. Most of the expense would have been for the BFS, and that is now in place. |
5/6/2013 6:43:06 PM |
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I'm pretty sure that the major Indian fertilizer company that wouldn't have touched wpx's shares with a 40 ft barge pole wants them. Why didn't they invest in Wpx instead? Krn institutional ownership= 55% = $100 million. wpx in... |
5/6/2013 6:32:00 PM |
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Do you actuall know what the phrase massive dilution means? when you have only 28 million shares outstanding and more than 10% of the required money that is needed to build the mine. how can you compare a project like wpx's that will requir... |
5/6/2013 5:40:03 PM |
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Sorry, I wish I did. I was posting on Wpx board only. I am not saying sell at this price. For all I know this could bounce to .37 next week. The sp of this and all other juniors will trade up and down for a quite a while irrespective of what i... |
5/6/2013 5:28:30 PM |
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Liquidity is not the key my friend. The key is having strategic partners, having 68 m in the bank, a staged path to production an offtake agreement and the most experienced management team by miles if any junior potash company. Why w... |
5/6/2013 3:58:13 PM |
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I don't agree with the security of supply argument. Has anybody considered the facts that Western Potash's rate of return could actually be close to 10% or less? Why would an Indian company invest any cash in Wpx at that rate ... |
5/6/2013 2:38:09 PM |
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Has anybody considered the facts that Encanto's rate of return could actually be close to 10% or less? Why would an Indian company invest any cash in EPO at that rate when they can get an equal or better, and way safer, interest rate at... |
5/6/2013 2:17:33 PM |
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Rockmstockm- I'm afraid your wrong on that because not only does bhp have its environmental approval, but Karnalyte has it as well and this was one of the conditions that the Indian fertilizer company wanted to see fulfilled before they c... |
5/6/2013 1:47:07 PM |
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