RE: RE: RE: Unusual trading ahead of Western Potas So stock wrestler and afaratrisk are quoting the latest Wpx news from 5 months ago.
Seriously guys, this project is close to a $6 Billion project when you allow for interest costs and the fact that Wpx's managements have expressed that the costs of their own project are the same as the $4.1B cost of the K&S legacy project.
Who in their right mind is going to trust such a colossal sum to a management team that has zero experience building, designing or ever working in a Potash solution mine(or a conventional potash mine for that matter).
it is time to wake up and smell the coffee.
If I owned Wpx I would be great full for this recent sp rise so that I could jump ship and invest in a project that only costs $600 m to reach production and will actually get built.
A mere 10% of the total cost Wpx will imho reach.
Krn and Aaa come to mind.