RE:Verde’s value Rodrabal, the PFS was assuming a revenue per ton of somewhere in the region of C$30-35.
Our guidance released on Jan 10 suggests a EBITDA (therefore bottom line profit) per ton of C$34 (not revenue)...... since that announcement CV has gone on record as saying at US$1,000 pt potash in Brazil Verde can make C$100 pt ....... current polish price is reckoned to be US$1,200 at the Brazilian docks.
I recognise that it would be foolish to rely on these prices beyond the short to medium term but either way, there are significant tailwinds that could enable us to expand massively gaining market share and solve both a short and longer term problem for Brazil which is the reliance of imported fertiliser and the effect of that on the nations balance of payments....... CV and his team need to be very professional in tackling the opportunity presented to them. In my opinion C$50 a share is possible within 24 months..... maybe I just dream; make sure you DYOR