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Organic Potash Corp C.OPC

Alternate Symbol(s):  OPCGF

Organic Potash Corporation is a Canada-based company, which is engaged in the development of production of potassium carbonate produced from agricultural waste, namely cocoa husks in West Africa. The Company produces food grade potassium carbonate from organic waste materials using patented production technology. It has its production facility in Takoradi-Sekondi, Ghana and Ivory Coast. The Company's potassium carbonate is used in multiple industries, including food, manufacturing (potassium carbonate is found in numerous consumer and industrial products), and pharmaceuticals. The Company’s subsidiary is GC Purchasing Ltd.


CSE:OPC - Post by User

Bullboard Posts
Comment by steve97on Mar 24, 2010 9:12am
466 Views
Post# 16917317

RE: RE: RE: RE: OPC Production & Share Price Rises

RE: RE: RE: RE: OPC Production & Share Price RisesDon't forget that they have hedged about 3,000 bpd at between $64-67.   Also, if they are producing only 30000bpd - their 35% is only 10,500 bpd.   Then if you want to take it down to the refined level - then it is even lower.  Then take their hedging into account etc.   I calculate they need approx 58000bpd to break even (46980 refined) x 35% =16443 net to Opti .   X $30 (Int erest payment) = $493,290 daily x 90 days =  $44,396,100 - almost their 45mil in QTR Interest Payments.  GLTA
Bullboard Posts