Welcome to this board TanzaniteWelcome to this board Tanzanite,
The mineral here is Potash but it is the premium Potash called Sulphate of Potash, it is free of chloride primarily used on high value crops such as leafy plants, such as fruits and vegetables. They (CPM) will receive notice to proceed more than likely in Q4 and I am expecting EMR's continued support in the near term and longer term, if it was not for EMR i don't think this mine would be at the notice to proceed yet. They have been instrumental in moving forward for the last few years. Also another important shareholder is Tata group they were the original investors at Approx. $2 a share and as of now are still shareholders and my expectations are as follow: between Tata and EMR's Asian connection we could have a very high demand on this highly valuable potash but i think the North American market could goble up all of the production anyway because this mine is in Utah and the close proximity to major SOP market would enable the sales relatively quick.
Regards,
Fearlessgg