RE: Any thoughts on timing of Bankable Feasibiity Analysts have an NAV of over $4.00 for IC Potash.The bankable feasibility study (BFS) will outline the engineering and design of ICP’s SOP production and operations. I read that an an analyst at AltaCorp stated the BFS should start taking shape soon.
There will be significant upside to these targets as the project is de-risked through the completion of the BFS and through the addition of a strategic and/or financial partner.
Analysts see the potential for a $5.00 to $10.00 share price in the long term.
A contract agreement between Canpotex and China by end of March and a strong planting season should act also act as catalysts on a macro level in the coming weeks.