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WESTERN POTASH CORP T.WPX

"Western Potash Corp is engaged in the acquisition, evaluation, and exploration of mineral properties containing potash in Western Canada. The Company holds interests in the Milestone Project located in Southern Saskatchewan."


TSX:WPX - Post by User

Comment by blackwood2002on Mar 29, 2014 9:33pm
422 Views
Post# 22386695

RE:RE:RE:Re, Re,Re,Re,Re: mineral rights

RE:RE:RE:Re, Re,Re,Re,Re: mineral rightsOh I'm sorry catchit. Did I say FOB costs? Inclusive of interest payments?  No. Sorry to confuse you. You can go compare those numbers if you like and report back. Feel free to tell all of us what FOB is vs. competition and prove me wrong that WPX hasn't a dramatic competitive advantage. As FS stated IRR at 18.9% with 5.6 yrs pay back at $450/t where do you think they get the spread of cost vs. revenue to accomplish that goal? Your FOB numbers are not accurate either so before you spout off check your own facts. Not all those costs are ongoing .. Some drops off after capex expansion is archived etc.. As for mgt ownership. Ops should have said mgt + insiders. Not many institutional investors in the mix and most senior mgt own 2-3mm shares/options/warrants each. Zimtu owns 2.7mm + 2.7mm in warrants. China blue does not hold 20% of the 26.. Check your numbers .. Thanks for you attempt at accuracy. Try again. 
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