TSXV:EPO.H - Post by User
Post by
kermode1on Mar 07, 2011 11:26am
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Post# 18244267
Solution vs Conventional!
Solution vs Conventional!Solution mining has a lower risk and a shorter construction time frame and will yield a greater net asset value.
This will enable EPO to establish a mine sooner, rather than later, enabling them to capture the cycling high prices of potash.
Solution mining is typically prefererd when resources are deep and irregular.
Although this would require greater energy use it will minimize the effects on the local environment (less disruption to surrounding land) because of limited underground infrastructure (fewer contaminants released)
IMO...this could add 10% to the RE.
GLTAL