TSXV:AAA.P - Post by User
Post by
likesmoneyon Feb 18, 2014 12:32am
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Post# 22218601
AAA - a Producing Potash company (nice ring to it -$$$$)
AAA - a Producing Potash company (nice ring to it -$$$$)1M tonnes sold on a guaranteed sale. 2M tonnes coming ASAP thru ramp up of the mine. MOP and SOP sales. More water than needed for at least 3M tonnes/year
Sounds pretty good to the bankers that are going to be doing the debt financing. This financing will be done sooner now that ICL is a partner. Before end of Q2
Lowest cost to produce of any mine in the world. Built in markest in Africa and India/China for more buyers
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Me thinks the bankers are going to like the deal.