TSXV:EPO.H - Post by User
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7654321con Jun 18, 2017 7:29pm
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Post# 26376142
RE:RE:RE:RE:RE:RE:RE:RE:RE:I particularly like the "cash" part of this statement
RE:RE:RE:RE:RE:RE:RE:RE:RE:I particularly like the "cash" part of this statementmdjbrown wrote: neon there is a long list of potash start up hopefuls in Saskatchewan alone, trying to break into the market, and none of them have been able to because potash prices are to low to get started.
That might be the big boys end game, to keep potash prices close to where they are while still making decent profits, but keep the price low enough that other start ups cant get in economically.
There is a reason both Mosaic and Potash Corp poured hundreds of millions into expanding their lowest cost mines, even though potash prices are as low as they were 10 years ago.
If Mr Stavros can secure al brokered deal between a big producer and NACOF, that will provide much needed revenue generation for the corporation while waiting for financing to come for the musk mine.
I have to wonder though neon, if the big boys are that worried as they did not take out K+S Bethune (previously Legacy) prior to production, and now that they are full steam ahead, I believe they will be trying to reach 2.8 million tons at full capacity in 2019
Very similiar to the Musk mine anticipated project in size and detail., and yet there was very little opposition from the big boys prior to its start up. Musk is at least 6 years from big production, so the big boys will have some time yet to worry about that.
just my thoughts
By the time the signature is official to provide NACOF for 20 years.
The rest will no longer matter.
Just my thoughts.