RE:RE:RE:RE:Ha Ha Ha...come on 9:30 $$$$$A little bit of research can go a long way!
There is a hell of a lot going for it!
MD & A Sept 2021 Management and the Board of Directors have taken several initiatives to position the Company for its development phase:
• Strong management team with significant experience in raising funds
• Securing an offtake agreement guaranteeing future sales
• Actively looking for opportunities to adopt an approach to mine a smaller annual output and thereby reduce the magnitude of the anticipated capital expenditure
• Cost cutting and renegotiation of existing contracts and simplifying the capital structure of the Company to create an environment that will facilitate large scale investments to develop the MFN Project.
• Continuing to negotiate the conversion of debt to equity in order to enhance the Companys balance sheet to attract new funds for the development of its operations and property.
• Management has been in advanced discussions with fertilizer suppliers to arrange exports with India as well as with other markets. We believe going forward that we are uniquely positioned to develop the MFN Project and become an important player in the Potash Industry.
Iamjaygee wrote: It's an Indigenous company... trying to work on Indigenous lands. You think the Chinese buying them will help? No, no it won't. They came back on because there is a potash boom... and they want to pay themselves for doing nothing again. What does this company have going for it? Nothing. They don't even have any land.