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WESTERN POTASH CORP T.WPX

"Western Potash Corp is engaged in the acquisition, evaluation, and exploration of mineral properties containing potash in Western Canada. The Company holds interests in the Milestone Project located in Southern Saskatchewan."


TSX:WPX - Post by User

Post by patntgemon Sep 01, 2016 10:09am
975 Views
Post# 25198870

Timing

TimingMy understanding from the Engineering and Subsurface Well Design Agreement of April 21, 2016, is that it would be at least 8 months before that study was done and only then could they make a definitive decision on the direction forward. I'm not expecting anything until December, and it is not clear yet whether they will commit to the Pilot Plant plan at that time. The Chinese investment in the overall is reassuring but not a definite go-ahead either. Best news is that potash is improving overall, so when all the facts are in, they will be more likely to begin actual development. 
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