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SOPerior Fertilizer Corp V.SOP.H

Alternate Symbol(s):  POTRF

SOPerior Fertilizer Corp. is a Canada-based exploration and development stage company. The principal activity of the Company is to develop projects focused on the production of sulphate of potash (SOP). The Company is engaged in the development of the Blawn Mountain Project (Blawn) in Utah, which involves the exploration, development and production of mineral resources and is focused on the exploration of alunite in order to produce SOP, co-product sulfuric acid and alumina. Blawn Mountain Project comprises approximately 23.5 sections of land owned by the State of Utah, acting by and through the School and Institutional Trust Lands Administration (SITLA), and covers approximately 15,404 acres (6,233 hectares) of land located in Beaver County, Utah.


TSXV:SOP.H - Post by User

Post by ChocolateAngelon Nov 23, 2022 7:04am
318 Views
Post# 35120944

Tad concerning...

Tad concerning...A tad concerning that after all this time and work the 2 million did not change hands. That would suggest some concern from acquiring partner that this may not happen. The economics are wildly in favor of a deal. All along there has been an additional acquisition that needs to happen in advance of SOP JV. Must be the hold up. So despite the announcement all will be completed in December there is less confidence in a deal off the back of yet another delay. Concerning yet business is driven by economics. The economics are in place to motivate this deal.
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