RE: RE: RE: Jim Cramer was screamingMaybe you need to read more. Here's some answers to your
"questions". Amazon has secured development and distribution partnerships; both at the Government and private sector level.
Company | Location | Project | Res (43-101) | Grade | Depth | Thickness | Est.Capex | Est. Start-Up | Market Cap |
Potash One | Saskatchewan | Legacy Project | 222 MMt | 24% | 1,434–1,566m | 1.5-3m | $1.9 BB | TBD | $232.3 MM |
MagIndustries | Congo (ROC) | Kouilou Project | 191.5 MMt | 10.40% | 400-800m | 0.5m to 24m | $1.1 BB | 2015 | $173.6 MM |
Allana Potash | Ethiopia | Dallol Project | 105.2 MMt | 13% | 630-930m | 2.78-5.79m | $700 MM | Pre-Feasibility | $58.8 MM |
Amazon Mining | Brazil | Cerrado Verde | 105 MMt | 10.30% | At Surface | 48m | $200 MM | 2013 | $56.8 MM |
Amazon's Development Partnerships Include:
Agrifirma to Fund Agronomic Trials Press release Nov. 24, 2009
•AgreementsecuresrealworldtrialsofThermoPotashforuseincornandsoyplantation,alsoaspartofprocessforconversionofCerradoscrublandforcommercialcultivation.
PressReleaseNov.24,2009 ArcelorMittal to Fund Agronomic Trials Press release Sept. 22, 2009
•AgreementrepresentsafirststepindevelopingcorporatedemandforThermoPotash.ArcelorMittalhas170,000haofcultivatedeucalyptusforestsforcharcoalproduction.Included in Sugarcane Fertilizer Taskforce Press release Aug. 4, 2009
•ROCKAPL(‘Rock’ArranjoProdutivoLocal)isacollaborativeeffortbetweengovernmentandprivateenterprisefocusedondevelopingfertilizeralternativesforsugarcanedestinedforethalproduction.PressreleaseAug.4,2009
Endorsement by Minas Gerais State Parliament Press release May 25, 2009
•Followingpublichearingsgovernmentofficialsdeclaredtheirintentionstoestablishdevelopmentpartnershipstosupportgeological,metallurgicalandagronomicefficacyworkrelatedtoVerdeteslate.Brazil to fund Metallurgical tests on Verdete Press release May 4, 2009
•Brazil’s Centre for Mineral Technology ("CETEM") agreed to fund and conduct metallurgical tests on Verdete.