RE:RE:Verde - Takeover target?
Pedro, The NPV in the 2017 PFS was US$ 2bn, using a potash price of US$ 250/tonne. We have passed US$600/tonne today and if the analysts are right we could go up to 750-800 in 2022. Of course someone needs to believe in higher long term prices for potash to make a bid on those numbers. Let's see what the new PFS brings, it will be interesting to what potash price it will be based on! Also a mining license of 2.5 million tpa would make the company more attractive for a potential buyer.
Interesting times for sure!