Any sign of expansion to develop a 2.8 million project,Harbour, regina water contract, rail comtracts etc. should lift the share price to 0.70, what is what China Blue Chemical paid. Until now, Western told us 2 times about the possibillity to raise the target. The main thing of the pilot is not the cheap Capex, it is the cheap method to extract potash from the ground, which the Chinese a keen to lern.
18/1/2017. "
President, Bill Xue met with the CAMCE delegation and presented the status of the Company status, with a focus on the development of 2.8 million MOP Project as well as the progress of 150,000 tons capacity Milestone Pilot Potash project." https://www.westernpotash.com/news/china-camc-co-ltd-chairman-visits-western-potash-corp 17/12/2016 "
President of Western Potash Corp Mr. Bill Xue welcomed the CDB work group and presented to the group on the status of the Company, with a focus on the development of Western’s 2.8 million capacity potash project, as well as, progress of its 150,000 tons of capacity pilot project. The two parties held a very constructive discussion on future project cooperation." https://www.westernpotash.com/news/china-development-bank-visits-western-potash-corp