"....C$115 million and trades at “a very attractive” 75% to 90% discount to project net present value. Furthermore, they have stressed that “At current potash prices, a 40% discount to NPV looks more appropriate...."
Market basically says that there is a good chance that there will be twice as many shares soon....
Possible? yes. Probable? I do not know.
Farhad should come up with his patented financing vehicle here. That would send the SP over a buck in a heart beat.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.