Compass Minerals International Inc CMP

Metals & Mining Industrial Metals & Minerals

Compass Minerals International, Inc. is a provider of essential minerals focused on safely delivering where and when it matters to help solve nature’s challenges for customers and communities. The Company’s segments include Salt and Plant Nutrition. The Salt segment produces and markets salt, consisting of sodium chloride and magnesium chloride, for use in road deicing for winter roadway safety and for dust control, food processing, water softeners and other consumer, agricultural and industrial applications. The Salt segment provides highway deicing salt to customers in North America and the United Kingdom. The Plant Nutrition segment produces and markets various grades of sulfate of potash, which is used in the production of specialty fertilizers for high-value crops and turf and helps improve the quality and yield of crops, while supporting sustainable agriculture. It operates 12 production and packaging facilities throughout the United States, Canada and the United Kingdom.

NYSE:CMP - Post by User

Compass Minerals International Inc

Bullboard Posts

Post by EIXLBERGERon Feb 13, 2014 4:51am

364 Views

Post# 22203393

Potash Ridge

Compass & Potash Ridge,the best alliance for the future!!!

https://www.potashridge.com/blawn-mountain/Prefeasibility-Study/default.aspx

Prefeasibility Study

Key Highlights of the PFS (all figures denominated in U.S. dollars and U.S. short tons)

Surface mine with conventional crushing, roasting, leaching and crystallization processes;
An average of 770,000 tons of sulphate of potash (“SOP”) per annum during first 10 years of operation after ramp-up; life of mine average of 645,000 tons of SOP per annum;
Proven & Probable mineral reserves of 426 million tons;
Reserves support 40 year mine life, with potential to increase life of operations through exploration of two additional zones of known mineralization;
Project after tax Net Present Value (“NPV”) of $1.0 billion using a 10% discount rate:
- Total sales of 26 million tons of SOP over life of mine;
- No terminal value added to the NPV, which assumes no extension to life of operations;
Unlevered after tax internal rate of return (“IRR”) of 20.5%; payback period of 5 years after commencement of operations;
Installed SOP capital cost of $1.1 billion;
Strong cash flow generation with cash flow from operations of $234 million per annum excluding the two year ramp up period;
Approximately 28% of direct capital costs are supported by packaged quotes;
Expect to be a low cost producer: average net cash operating costs after by-product sulphuric acid credits of $218 per ton of SOP (inclusive of royalties), $173 per ton (exclusive of royalties); no credit assumed for possible revenue from the sale of alumina material.