RE:Looking to Invest HereFOMO, the folks at Gsp have a strong management team, and and an excellent business model for catering to specific smaller end users.
In fact, their model has been high lighted in a recent journal
“One great example of an operation developed with full optimization, and footprint minimization, which aligns with a systems-based CE approach, is GenSource Potash. This vertically integrated operation will produce potash at significantly lower cost than traditional potash developments, using a closed-loop method called selective extraction (or selective solution mining) that has little environmental impact. It works like this: a hot salt (NaCl) brine is injected into horizontal caverns in the ore body, which selectively dissolves potash (KCl) leaving salt in place. The KCl-rich brine is then processed (KCl “drops out” through cooling crystallization) and the NaCl brine is reheated and re-circulated back to the cavern to repeat the process. This process will use 75 percent less water than conventional potash production, can use brackish water, creates no salt tailings, no brine ponds, has a very small physical footprint, and the product can be extracted on demand and loaded straight into trailers to be delivered to partnered buyers. 71” https://circulareconomyleaders.ca/wp-content/uploads/2022/01/Towards-a-Circular-Economy-Approach-to-Mining-Operations.pdf The hold back it appears is the scientific aspect of the horizontal mining process in which Gsp is not alone in this quest. There are several companies trying to accomplish this feat.
Without being able to produce potash economically, its tough to secure revenue if your sole business is built around the production, processing and selling potash...........
Investing in any of these potash hopefuls relying on a novel horizontal mining approach is betting that they are going to solve the 60 year old nemesis that has stumped many who have tried before.
Kind of like laying your money down on a pharma company wth a new ground breaking drug that is in an early stage development phase. If it works, big rewards usually follow, if it doesnt, on to the next one ............