TSXV:AAA.P - Post by User
Comment by
mylar1on Jan 26, 2014 11:01pm
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Post# 22136186
RE:RE:Whats all the fuss?
RE:RE:Whats all the fuss?"The projected cost of annual production of a million tons of potash from the Ethiopian mine is $125 per ton, including extraction, ground transportation to an Indian Ocean port, loading fees and maintenance costs. Although there would also be royalties to be paid to the Ethiopian government, the current minimum prevailing international price for major potash supply contracts is $305 per ton. The Canadian company’s license is for 20 years, renewable for another 10." Why didn't you wrongs pick up on this $125/ton production cost?