RE:RE:RE:RE:RE:RE:Estimated share prices for KRN (first 3 ye
The real point is either you believe the new internally projected numbers on new presentation or you don't. At a $400 potash price and a brine temp of 50 degrees an IRR is projected of 25.5%. This would imply an IRR of over 20% at current potash price of about $320 or $350 if you include lower Canadian dollar advantage. This would imply a 5 year payback which should be easily currently financeable and would justify a much, much higher valuation for the equity portion. If they can sell the higher brine temperature numbers to a major market player this will be back to 8 bucks in a flash. This should be their focus. In addition it would be very helpful for the company to elaborate on the other potential product lines they are working on to increase shareholder value as mentioned in last financials. However if the new internally generated numbers which curvature and the market in general are refusing to use in their calculations are correct, convincing them of their accuracy should be job one of management, not posters on stockhouse. Once enough participants believe the new numbers, they then believe the project is profitable now, share price rises, equity portion raised with minimal dillution, we all make fortune, problems solved. All just my opinon.