High values of ksp greater than 1.0 infer: the solid phase is relatively insoluble. the solid phase is relatively soluble. the chemical reaction proceeds readily to the right. the chemical reaction proceeds readily to the left.

High values of Ksp greater than 1 infer that the solid phase is relatively soluble. The higher the Ksp value is, the greater the solid can be dissolve in the solution. It represents the level at which a solute dissolves in the solution.

a lot of it means it can be "burned" for energy and sold at one price. if it is scarce, the price will go up