RE:RE:RE:RE:RE:RE:RE:RE:future potential share price?Moneyhungry...Myliar is the resident troll... I think he has tourettes, dyslexia, and a bad case of dysentery.... so at best he mumbles and rambles on and dosen't make sense.... He can't figure out the SOP is the same SOP type that YARA plans to mine and has released a nice update lately... see below...
https://www.erm.com/PageFiles/14920/chapter%2014.pdf
Yara International is a leading global fertilizer company with sales of fertilizer
to about 150 countries globally. Yara International, with its global marketing
and distribution division, will be targeting these high value crop segments in
Africa, Asia, South Europe and South America. As part of Yara International’s
overall upstream strategy, the company is exploring for suitable raw material
sources that can be developed and used as a source for o Yara International’s
global fertilizer production and directly as finished product in its product
portfolio. To complement these upstream processes, Yara International has
recently started a subsidiary company, Yara Dallol BV, which is involved in
the exploration and mining development of potash concessions in Ethiopia.
These concessions are located in Dallol in the Danakil Depression, Afar
National Regional State (ANRS), Ethiopia. The potash resource in the Danakil
Depression (Ethiopia) has been known for many decades and is, from a
resource perspective, considered to represent a potential high grade and
shallow depth resource base for the production of SOP. Yara International,
through its subsidiary, proposes to develop a potash mine – the Yara Dallol
Potash Project (the proposed Project) within three concession areas (Musley (1),
North Musley and Crescent). The resource potential of this area is significant,
and has the potential to produce 600,000 metric tonnes of potash per annum
for approximately 20 years based on the resources in the western part of
North Musley alone.
A comprehensive technical and financial feasibility evaluation of the proposed
Project is currently being undertaken in parallel to the ESIA and will be
14-2
completed and submitted to the Ethiopian Ministry of Mines (MoM) on the
same date as the Final ESIA. This said, preliminary economic evaluations
carried out in the early stages of the Project have indicated that the proposed
Project will be financially feasible. Feasibility will be refined as the project
develops and will be concluded as part of the Definitive Feasibility Study
(DFS), scheduled for completion in January 2015
moneyhungry87 wrote:
obv the SOP is a: mineable b: cheap to mine. SOP is double the price of MOP how much more expensive do you really think itll be to mine vs mop lol.
and oh ya farhad is really that dumb to bring up SOP, conduct a PEA only to disappoint the markets? ya that sounds like him alright just look at his track record...rofl