At this time of the year i would tend to imagine nothing else will ever happen this year.
Potash price is not what's needed to build a mine and financing is not available for projects of this size (over 2B$)
So, even if they have a signed agreement for supplying potash and even if they a financing up to 100M$ (diluting the company that much), timing is not the one needed.
So do not expect anything out of EPO for some very long time.
But at actual price, if you do have some dimes to spare on a very long shot, it may be interesting.
I would suspect share price to get into 3 cents or even a bit lower so don't invest the barn on this one.
Potash price is not what's needed to build a mine and financing is not available for projects of this size (over 2B$)
So, even if they have a signed agreement for supplying potash and even if they a financing up to 100M$ (diluting the company that much), timing is not the one needed.
So do not expect anything out of EPO for some very long time.
But at actual price, if you do have some dimes to spare on a very long shot, it may be interesting.
I would suspect share price to get into 3 cents or even a bit lower so don't invest the barn on this one.
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