why Verde is a certain winner !! ? potash prices might fluctuate , but since opex for a typical canadian producer is 4bil usd, potash FOB prices cannot go bellow $300 ( less than that they wont recover investmnet, so the pseudo-monopoly shuts down the plants) .
as explain on verde s website the cost of delivery to brazil farmers is 150 usd/tonne. so minimum price to brazil is 450 usd/t .
but the opex for NPK will be under 250, so you have a 80% margin of profit (gross) . amazing. This rationale
proves what a great deal NPK could be. location.