RE: Seems the market....2 Jun 2022 14:58
Hi DShox - Yes interesting times for potash companies. I guess one of the options re EML going forward is the buyout prospect. There must be larger entities keeping and eye on us, especially when all permits are in place. I know it's totally out of our control but I just hope we're not let go for a song. So personally I have in my mind 30p as an absolute minimum but would like a lot more than that.
On OCP, yes my thoughts are the ESIA might well be dependant on a deal with them. So possibly we might see a JV preliminary RNS followed quickly by the permit issue. With everything in place, I then think the funding will be announced. I think funding is dependant on permit issue. Of course I might be totally wrong but with EML saying they have completed all requirements, why isn't the permit being issued? I have never thought it wont be issued (i'd have sold long ago if I thought that) so to my mind the only remaining cog in the wheel is OCP. For me it's always been too far fetched that OCP won't be involved in some shape or form. Again, my thoughts only and I might be totally wrong. ATB