We initiate coverage of South Harz Potash (“SHP”) with a A$0.46/sh price target implying 529% upside from the current share price. SHP acquired 100% interest in five adjacent potash assets in South Harz, Germany, via government tender in 2017 totalling 659km². An initial 5.3Bt @10.8% K2O Inferred Mineral Resource estimate confirmed the potential for low-hanging fruit within the region, where mining abruptly ceased following reunification of Germany in the 1990’s. Ohmgebirge, SHP’s flagship asset ....
07 Sep 2022
South Harz Potash: Strong infrastructure advantages in a prominent mining district
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South Harz Potash: Strong infrastructure advantages in a prominent mining district
South Harz Potash Ltd (SHP:ASX) | 0 0 0.0%
- Published:
07 Sep 2022 -
Author:
Roger Bell | Ryan Hampton -
Pages:
42
We initiate coverage of South Harz Potash (“SHP”) with a A$0.46/sh price target implying 529% upside from the current share price. SHP acquired 100% interest in five adjacent potash assets in South Harz, Germany, via government tender in 2017 totalling 659km². An initial 5.3Bt @10.8% K2O Inferred Mineral Resource estimate confirmed the potential for low-hanging fruit within the region, where mining abruptly ceased following reunification of Germany in the 1990’s. Ohmgebirge, SHP’s flagship asset ....