Top 10 reasons to invest in Sage Potash With only a USD$13M market cap, the value of Sage Potash's (SGPTF SAGE.v) inferred 279.5million ton potash resource is equal to over $18 billion at the current pricing of $645/ton.
Potash is a vital component of fertilizer and in ensuring our food supply due to its ability to boost crop yields and is thus expected to experience significant growth as demand continues to outpace supply.
As the US currently imports 94% of its potash requirements from Canada, it's critical for the US to develop its own domestic supply of potash to ensure food security and Sage Potash is one company on track to take advantage of this opportunity.
Now trading on the OTCMKTS with the ticker SGPTF, SAGE's Plains Project is the largest potash deposit in the US that is close to pilot production and has the potential to be a Tier 1 deposit with 2 potash beds and consisting of over 88,000 acres of mineral leases and permit applications in Utah's Paradox Basin, known to host extensive underdeveloped world-class potash resources.
With a PEA expected in the second half of 2023 and pilot production within 1-2 years, the project's substantial resource is expected to initially produce 50,000 tonnes per year followed by a scaling up to 150,000 tonnes per year for 20 years.
By establishing a local and reliable supply chain of potash protecting North America from unpredictable external factors, SAGE is strongly positioned to satisfy a significant portion of US potash demands in delivering a secure line of supply with its large-scale, high-grade potash resource.
Check out the top 10 reasons to invest in Sage and its substantial resource in the article, "Secure the Future of Food: Investing in Sage Potash": https://cleantechstocks.com/sagepotash
Posted on behalf of Sage Potash Corp.