RE: Hypothetical scenario It has to be a buyout or a huge injection of cash IMHO. The fact that they are low on cash makes the sp move more certain than anything.
If management organize a buyout around $1.50, they are to be congratulated, because the enviorment is different today than it was for potash 1. The resource may truly be worth more especially after BFS and environmental approval, but current market conditions are tougher now for resource companies.
And if they produce, they deserve every simgle option they have at .50 cent.