ANALYSIS: WA potash hopefuls may have the backing of some high-profile local mining entrepreneurs, but startup costs and a worldwide product glut are major barriers.
Perth-based explorer Goldphyre Resources has entered into an agreement to purchase a large area of potash-prospective land near Kalgoorlie, which is owned by prominent prospector Mark Creasy.
Following a successful $3 million initial public offering, WA minerals explorer Goldphyre Resources today listed on the ASX, with shares dropping from an initial price of 20 cents to close at 16 ce