Encanto Potash Corp V.EPO.H

RE: Offtake agreement

[srpat]

I think you missed a bit in your attempt at DD on Encanto. This agreement isn't just for 2 million tonnes per year of potash, they are also planning on making an equity investment of 1 to 1.5 BILLION dollars. 

srpat

 

"It is understood that a 2.5 million Te potash project would require an investment (capex) in the range of $ 3.0 to 3.5 billion with equity ranging between $ 1.0 to 1.5 billion."

 

https://rcfltd.com/webdocs/519/2012/08/NIT-FinAdvisor-Canada-Issued-WEB-Aug2012.pdf