So with simple math and assuming WRX was able to hot leachsince 2019 and now, there should be 146,000 tonnes of KCl for each year of hot leaching waiting in the ponds ready to be processed.
Even with a minimum 2 years successful leaching, 292,000 tonnes at current potash prices is still a lot of revenue generation, so why is the share price trending downward as we approach the January 2024 production start up date?
The Aug 2023 presentation looks great, and with $200 million CAPEX to date, whats the hold up in share price appreciation?
https://westernresources.com/fileLibrary/publicFiles/WesternPotashInvestorPPT2023Aug-Web.pdf Were the anticipated targets no where close to initial expectations during hot leaching?
Something doesn't smell right so close to expected production dates!