Wow, just wow... just divy 1$/share and put project on holdIf our project is not feasible, than the projects OF OTHER POTASH JUNIORS (especially those in Canada) are NOT FEASIBLE EITHER. Crazy that we trade below cash when others are trading at a premium.
Here is what Robin needs to do next:
1.Special dividend of 1$/share
2.Put the project on hold
3.Gain shareholder value when economic conditions change
Seriously, no shareholder likes seeing cash just sitting in a bank account. I bet paying out a dividend at this stage wouldn't even affect the share price. Some junior potash companies HAVE VERY LOW CASH and trade at the same valuation as we are. HOW CRAZY IS THAT???