RE:RE:RE:Gensource not waiting around MR Brown, I believe founder and management team at Gensource used to be with Potash One, who sold to K+S.
From what I can gather reading the Gensource website and what I can piece together from Karnalyte is both companies are working on similar strategy of developing lower cost production.
1) Both using brackish water, reduce fresh water.
2) Dramatically reduce energy consumption – if you watch the AGM meeting, Robin threw out how much nat gas it took to get a ton of potash on the project.
3) Both website claim vertical to horozonta drilling, assume each using one well per cavern.
How do you reverse the asset write down? If you made significant changes to your process, making a significant reduction in your extraction cost, energy cost, operation cost, then maybe you can get a change in value of your asset.
You can’t change the price of potash,
You have to evole to survive
Just my humble opinion.