RE:Is WPX a prime target for takeover?Simple, mine economics vs risk not attractive enough at $315 potash. Future price is unclear in an already oversupplied market with even more supply coming on stream . Worth buying as a long term asset .. Yes..
Now the NEW scoping study is out it changes the game! Low cost, low risk , greatly improved economics with scalability . It could become an asset not to pass up . Lower operating cost than almost every operating mine out there.. Margins become very important in a low pot price environment !