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Encanto Potash Corp V.EPO.H

Alternate Symbol(s):  ENCTF

Encanto Potash Corp. is a Canada-based exploration and development company that is focused on potash properties in the Province of Saskatchewan. The Company is focused on the development of Muskowekwan First Nation (MFN) reserve lands located approximately 100 kilometers north of Regina, Saskatchewan. The Company's wholly owned subsidiaries include Encanto Resources Ltd and Encanto Trading Corp.


TSXV:EPO.H - Post by User

Bullboard Posts
Comment by go.faster@ymail.comon Jan 23, 2017 8:16am
221 Views
Post# 25740252

RE:RE:What is going on...

RE:RE:What is going on...Alpha...to me that is the issue right now...how do you calculate a target price when there are so many unknowns.  I was playin with this on the weekend and the model is wrought with too many unknowns.  

Cost per ton FOB Vancouver
Selling price per ton
EPOs ownership stake in Trading Co...our share of the profits
PE multiple 
Loan servicing payments
Initial capacity of mine and Total Annual Sales per ton (Year 1-5)
Profitability of Other Commodity sales thru Trading Co.

We need some details so analysts and investors can do the math.  

Bottom line for me has not changed...selling under $5 is premature.   

Bullboard Posts