ZURICH, SWITZERLAND / ACCESSWIRE / July 31, 2015 / Today, mining analyst Stephan Bogner from Rockstone Research published an update entitled "Time To Vote For Western Potash Corp. (TSX: WPX)."
Excerpts:
This week, Western Potash Corp. mailed to shareholders a notice for a Special General Meeting to be held in Vancouver on Monday, August 24, 2015. The purpose is to approve, or disapprove, the proposed $80 million strategic investment from Beijing Tairui Innovation Capital Management Ltd. as announced on July 6.
Some people may argue that Western Potash's management team is selling a majority stake in the company at too low a price. In evaluating the transaction, it is important to consider the following question: "What scenario could bring a better stock performance?"
What scenario will create more shareholder value, Legacy [from K+S AG] in the hands of a new onwer [Potash Corp.?] or Milestone in the hands of Western Potash and Tairui Capital?
The full research report can be viewed with the following links:
English:
http://rockstone-research.com/images/PDF/Western8en.pdf
German:
http://rockstone-research.com/images/PDF/Western8de.pdf
Please read the full disclaimer within the full research report mentioned above as conflicts of interests exist.
SOURCE: Rockstone Research
