There is some cash in the bank and revenue coming in, making it more than a purely speculative stock. Guessing at downside and upside potential is just that, guessing, but if things got bad, I would think that the lows of a yr ago would be possible. A perfect storm of good news would easily surpass the old highs, no?
I do think the reward outweighs the risk, and I'm very glad nobody has stated that any fertilizer play is good "cuz we all have to eat"!