One of the few potash aspirants in Western Australia has signalled a shift away from the commodity by buying a gold and base metals exploration project in Queensland.
The board at Balamara Resources took drastic action last week in light of the dramatic fall in the company's share price during the past 12 months, with managing director Mike Ralston announcing the intention to de-list from the ASX.
Balamara Resources has announced plans to delist from the Australian Securities Exchange after citing the high cost of maintaining its listing and an inability to raise new capital.
