TSXV:AAA.P - Post by User
Comment by
bashertrasher1on Jan 07, 2015 12:07pm
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Post# 23294317
RE:RE:Resource value
RE:RE:Resource valuebashertrasher1 wrote: bashertrasher1 wrote: Take a look at the Kainitite numbers in the chart below. The "CONTAINED KCI (MT)" in the right-hand column is the resource they have for SOP. Now SOP sells for ~700 per ton. And Allana has ~ 220 MILLION tons of Kainitite. Do the math. 220,000,000 X $700 = $154,000,000,000. That's 154 BILLION dollars worth of SOP. BILLION. With a "B".
That's what they have in the ground. Of course it will cost money to mine it and process it.
And that's just for the SOP. They also have MILLIONS of tons of MOP, which ICL has already purchased via the off-take agreement. That's MONEY IN THE BANK for Allana.
Source:
https://www.allanapotash.com/s/Home.asp | CATEGORY | POTASH MEMBER | IN-SITU TONNAGE (MT)* | KCl(%) | CONTAINED KCl (MT) |
| MEASURED | Sylvinite | 115.3 | 27.8 | 32.1 |
| | Upper Carnallitite | 121.5 | 17.5 | 21.3 |
| | Lower Carnallitite | 235.0 | 9.7 | 22.8 |
| | Kainitite | 552.3 | 19.2 | 105.9 |
| Total | | 1,024.1 | 17.8 | 182.1 |
| INDICATED | Sylvinite | 212.1 | 28.6 | 60.7 |
| | Upper Carnallitite | 289.8 | 17.2 | 49.9 |
| | Lower Carnallitite | 322.2 | 8.9 | 28.7 |
| | Kainitite | 598.2 | 19.5 | 116.8 |
| Total | | 1,422.3 | 18.0 | 256.1 |