Who is leading the pack?With at least 3 Saskatchewan horizontal mining potash juniors all in the same space currently searching for start-up capital, who is the front runner based on their project, anticipated cavern methodology, share structure, potash experience, offtake agreements, first nations commitments, OPEX / CAPEX assumptions, etc?
Should be interesting to see who pulls the trigger first and and what cost.
A minimum 51/ 49 percent arrangement would not surprise me in favor equity provider, as they are taking on the largest risk, and an initial proof of concept agreement is likely a given since it appears both Western and PADCOM are very slow to announce confirmation of economic viability of their very similiar process to the 3 hopefuls below.
Stay tuned!
https://continentalpotash.com/wp-content/uploads/2022/10/Potash-Investor-Presentation.pdf https://cem.ca/app/uploads/2022/11/Evolution-Potash-Investor-Presentation-Offering-SD-November-7-2022.pdf https://gensourcepotash.ca/wp-content/uploads/2021/06/Gensource-Presentation-June23.pdf