RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Kudos to the corporation for webcastingbk, I agree with you in your belief the global potash matrix in 4 years will look considerably different than today, but I doubt these smaller niche mines will put a dent in the big players plans.
As far as a stand alone magnesium mine, I dont see that ever happening as GSFC did not put $45 million on the table for a magnesium play.
If the Wynyard potash project is ever started, I could see a magnesium opportunity for a third party investor, as the mag is a valuable by product of the brine anyways, but until then it is highly unlikely.
Regardless, a large gas line needs to be brought into Wynyard to feed the mine, and in 2016 that price was $65 million if I recall. Has that cost increased 50% or so in the last 6 years like everything else? Several other potash hopefuls who have updated their TRs show increased construction costs which equate to big hits on the CAPEX of course.
We already know steel and natural gas prices have increased substantially, and will likely have an affect on the projects OPEX numbers. Material supply delays are also a factor, as projects across the globe are facing material supply frustration.
Those are the updated numbers I look forward to reading in the much anticipated Technical Report....