Sage Potash Corp V.SAGE

Continuous increase in potash demand since 2020

[MarketMakerss]

Since the end of 2020, a continuous increase in potash demand has occurred, driven by attractive agricultural commodity prices, and, accordingly, the price of potash has risen significantly.

Potash, a crucial component in fertilizer, plays a vital role in ensuring food supply by boosting crop yields and enhancing crop productivity through its rich potassium content.

With a focus on accelerating US self-sufficiency and addressing import dependence, Sage Potash (SGPTF SAGE.v) is developing its Plains Project in Utah's Paradox Basin, home to the largest potash deposit in the country.

Scheduled to unveil a PEA in the second half of 2023, Sage's Plains Project holds great promise, boasting an impressive 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.

The project shows the potential for lithium production, and given the vital roles that both potash and lithium in various modern applications, this provides Sage with additional potential for growth.

Moreover, an intriguing point of comparison lies in Sociedad Quimica y Minera de Chile S.A (SQM), a leading global potash and lithium producer, with a market cap of US$22.3B, highlighting the substantial opportunity that lies ahead for Sage.

For 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.