TSXV:EPO.H - Post by User
Comment by
cacheitinon Apr 27, 2013 4:17am
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Post# 21309392
RE: RE: RE: RE: Retiring young- Epo/Wpx
RE: RE: RE: RE: Retiring young- Epo/Wpx My facts are interesting? Yours are from dreamland!
EPO needs $3 billion, not the $2 Billion as you are trying to mislead people with, to build the one and only phase of its mine(i was highlighting the fact that krn has 3 phases).
Deferred capex comes into effect when production begins.
Initial CAPEX
(includes contingency and escalation) | $2.86 billion | | Deferred CAPEX | $130 million | Ramp up to full production takes YEARS FOR A SOLUTION MINE. | Western potash's ramp up to full production(solution mine) TAKES 6 YEARS TO REACH FULL PRODUCTION. | Production rate | 2.8 Mt/yr | | Maximum Primary Mining Production | 2.0 Mt/yr | | Construction Period | 3.5 years commencing 2013 subject to financing and permitting approval | | Mining Start-up | 2016 | | Production ramp up period | 2016-2022 | Potash Corp of Saskatchewan in 2011 paid an average 0f 5.3% in interest. They have a 40 Billion market cap and the best they can achieve is 5.3%, but you would have people believe that a junior with an 80 million market cap will get Billions interest free, try 10% or never!in 2012 it was 5.2%.(see pg 76) Show me any mine anywher in the world that has received Billions of dollars interest free. Name one. it has never occured https://www.potashcorp.com/annual_reports/2011/our_performance/financial_overview/expenses_income/https://potashcorp.s3.amazonaws.com/2012_PotashCorp_Annual_Integrated_Report.pdf |