RE:I have been a shareholder for 2 days..... There is no personal attack's. Only stupid statements.
$100 billion in highly under estimated resource. There is 6 BILLION tonnes of KCL which was discounted to approx 150 Million tonnes. This is on only approx. 25 % of the property / lease that they own.
If you want 'simple calculation' that is a really BIG number. (Trillions) but can't use if because of accounting rules.
Plant cost quoted $650 million. other figures used but for this a billion dollars.
staff 20 x 100,000 = $2 million x 20 years = $40 Million round up to $1 billion.
cost to produce $120. x 150 = $18 billion
45 billion
- 1 billion
- 18 billion
- 1 billion
--------------
$25 billion Free cash
Now the MgCl is 'free' as it comes up with the KCL
Add between 12 to 40 Billion (value - cost for MgO).
total 65 billion at current prices.
As prices increase to the moon.
all are based on highly discounted rates
is that enough for you?