TSXV:AAA.P - Post by User
Post by
JR__Ewingon Aug 22, 2013 4:29pm
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Post# 21690777
Sdomae - Payback period
Sdomae - Payback periodSdomae, you seem to be worried about the payback period. IF, and I say IF, the price of potash fell at $300 when we hit production in 2016, the payback period may increase by 2-3 years max, which would put us with the average time period of the juniors prior to the potash crisis.
Allana = 3.1 years
IC Potash 3.9 years
WPX = 5.6 years
EPO = 5 years
Passport = 8 years
I don't think this projected delay would prevent us from getting the financing given our lenders will be development banks and the IFC. Their objective is to make money but also, to contribute to social and economic development.