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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and technical innovation, which allows for a modular and economic potash production facility, which demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. Its projects include Tugaske Project, Vanguard Area and Lazlo Area. The Vanguard Area is 100% owned in central Saskatchewan, located 170 kilometers (km) South of Saskatoon, 150 km North-West of Regina on a provincial highway system. The Lazlo Area is located in central Saskatchewan.


TSXV:GSP - Post by User

Bullboard Posts
Post by Hiddensecretson Aug 14, 2020 1:02pm
231 Views
Post# 31409325

BUYOUT by HELM is a LOGICAL STEP

BUYOUT by HELM is a LOGICAL STEPA posted copied a link that confirmed that HELM is busy locking up supply of potash in Austrialia with long term contracts. 

They like the idea of like term security and avoiding having to go to the market, which can become very tight in the future due to population growth explosion and, more demand for food sources. 

It only makes sense that HELM is going to buy GSP out as this will guarantee long term supply of potash for them, and whatever potash is in excess they can sell it out to competitors at lucrative prices. 

This is what I would do at Helm.   It does not make sense to lock in one contract with GSP and then to run around the world trying to get supply elsewhere.   They have the source and it would be much cheaper for them simply to buy out GSP. 

Once the financing deal goes through, and it becomes official, I expect Helm to approach with a buyout price.   Perhaps it is already established and is only waiting this formality. 

MPO
Bullboard Posts