Recent content by OxfordBull

The director dealing was actually a net sell. He ended up with 1.16 million shares for free plus almost $250,000 cash in his pocket. It looks like the rally has topped out and we could have a pullback for a round of profit taking. I'm going to try to ignore the price movements keep...

The numbers are indeed stunning. But I would caution that there will almost certainly be another round of capital raising before Reward can become a producer. Depending on how much the institutions are willing to stump up and how much the banks are willing to lend in this new age of risk averse...

Working backwards using Young Traders figures, the potash price it is based on works out to $448 per ton. If we rework the figures using a price of $850 per ton we get a gross profit of $117m (net $82m). Remember that they want to scale up to 400,000 tpa and you can see that the net could get...