Ggrellette has a personal vendetta The poster below discussing this company's value has a hatred for the company that PHOS purchased one of their assets from which he/she is now transferring over to this board. Beyond that has no idea how to value somethng like this. District scale claims , proven high grade reserves , possibly another one shortly , burgeoning partnership with one of 4 western companies that have the tech to make purified phosphoric acid , management , sum of all parts etc ... most might think it's way undervalued. Time will tell.