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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and technical innovation, which allows for a modular and economic potash production facility, which demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. Its projects include Tugaske Project, Vanguard Area and Lazlo Area. The Vanguard Area is 100% owned in central Saskatchewan, located 170 kilometers (km) South of Saskatoon, 150 km North-West of Regina on a provincial highway system. The Lazlo Area is located in central Saskatchewan.


TSXV:GSP - Post by User

Post by mdjbrownon Feb 22, 2024 12:05pm
169 Views
Post# 35893474

Will the next financials include optimization numbers ?

Will the next financials include optimization numbers ?"Gensource continues to develop its Vanguard Area. Specifically, the Company is undertaking work that will optimize its Tugaske Project in preparation for final financing and construction"

 https://gensourcepotash.ca/wp-content/uploads/2023/11/MDA-Q3-final-.pdf


Curious to see what potash price the GSP folks are leveraging, as potash prices continue to drop much quicker than interest rates, and supply costs.

On the bright side, natty prices are also falling substantially which will help the project Tugaske OPEX 

"Potash prices averaged $235 per tonne during the reported quarter, the company said, compared with $526 per tonne a year earlier."

https://ca.finance.yahoo.com/news/nutrien-reports-fall-fourth-quarter-223952162.html




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