Sage Potash Corp V.SAGE

Understanding the issue of import dependence

[MarketMakerss]

Facing setbacks in potash production due to export capacity losses at the Port of Vancouver, Nutrien has raised concerns for US agricultural development as the US is heavily reliant on Canada for 94% of its potash supply. (Source: https://www.worldfertilizer.com/potash/20072023/nutrien-announces-potash-production-curtailments-due-to-vancouver-port-strike/)

Potash is a vital component in fertilizer and thus in ensuring our food supply as it is a potassium-rich compound with the ability to boost crop yields and balance crop productivity.

Understanding the issue of import dependence and focused on accelerating US self-sufficiency, Sage Potash (SGPTF SAGE.v) is spearheading the development of its Plain Project in Utah's Paradox Basin, which holds the largest potash deposit in the country.

Scheduled to release a PEA in the second half of 2023, Sage's Plains Project is highly promising, boasting a substantial inferred resource of 279.5 million ton potash and an in-situ valuation of $18 billion. Initial projections indicate a production capacity of 50,000 tonnes per year with plans to scale up to 150,000 tonnes over the course of two decades.

Additionally, the project shows the potential for lithium production, and considering the crucial roles that both potash and lithium in various modern applications, Sage holds substantial potential for growth.

When looking at industry comparables, it's noteworthy that Sociedad Quimica y Minera de Chile S.A (SQM), a leading global potash and lithium producer, has a market cap of US$22.3B, underscoring the substantial opportunity that lies ahead for Sage.

For a more in-depth insight into Sage's potential to follow in the footsteps of SQM, check out this Investor Intel article: https://investorintel.com/critical-minerals-rare-earths/sage-potash-expands-into-lithium-exploration-within-the-paradox-basin-in-utah-usa/

Posted on behalf of Sage Potash Corp.