I like it when management delivers It instills a stong sense of trust and confidence when management is able to deliver what they say.There are some companies that seem to rely on "promotion".....what a huge turn-off for me!
So far,as I am aware of,every stage of the planned development has been met,without any unpleasant surprises or delays.
In the summer of 2011 they said that they were in talks with quite a few companies to partner on the project....in the spring of 2012 Yara became a partner and I can't think of any other company that would have been a better partner......
https://www.miningweekly.com/article/ic-potash-courts-partners-for-new-mexico-project-2011-08-24
So in January of this year when I read the below....I trust mamagement will be able to deliver,
“Having succeeded in materially de-risking the Ochoa Polyhalite Project from an operational perspective over the past
year, ICP’s executive management team is now concentrating its efforts on defining and implementing a capital plan to
support our project funding requirements. To that end, I, along with ICP’s COO Randy Foote, and Terre Lane, Senior Vice
President of Engineering and Project Development, have been traveling the globe meeting with a broad range of capital
market specialists and direct funding sources, including many of the world’s largest investment banks, private equity
groups, institutional money managers, family offices, hedge funds and sovereign wealth funds, among others.
“The level of interest expressed by many of these groups for our Ochoa Polyhalite Project has been strong, fortifying
confidence in our ability to raise the capital required to construct and support commercialization of our mining and SOP
and SOPM processing facilities in New Mexico. At this point in time, and given the prevailing depressed price of our
common shares, we intend to focus our initial efforts on qualifying and pursuing non-dilutive strategic sources of project
equity and/or structured debt. If/as the equity markets respond to positive developments at ICP and reward us with a
notably higher valuation, we may then consider a more traditional equity offering.
https://icpotash.com/_resources/news/nr_2013_01_02.pdf
UNLESS.....
One thing Himmel was also cognisant of was keeping the door open for an acquirer to step in, “if it should come to that”.
https://www.miningweekly.com/article/ic-potash-courts-partners-for-new-mexico-project-2011-08-24