GREY:PCCLF - Post by User
Post by
sojourner01on Oct 31, 2010 10:47am
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Post# 17636548
phosphate pricing
phosphate pricingDoes anyone have any sort of an updated proforma analysis to indicate what sort of market pricing would make the Martison project feasible again?
I agree with the earlier posts that this thing will likely take a $1B of new money to develop, but I have lost track of the original project economics. I believe they said that it was no longer feasible to develop - so it was shelved when the Ag prices dropped. So what price will it take to make it feasible again, at say a 10 - 12% cost of capital? With all the interest in pricing, how does this project compare with other world wide phosphate projects that may be under consideration?