Verde Potash’s $25 million deal provides no succour to investors still nursing 27% knock after poor economic study
Verde Potash shares fell 2.8% to $6.51 by lunchtime on Thursday after the company announced bought deal financing of $25 million. In the run up to the release of a preliminary economic assessment report for its Amazon project a month ago, Verde Potash's shares were driven all the way up to $8.95, only to come crashing down after the study disappointed investors all round.