Post by
ohjeezuz on Mar 02, 2022 4:08pm
Value and Catalysts
Value:
•147 million tonnes of mineable (proven and probable reserves) of KCl. Which is $117.9B USD worth at potash price of $802 per tonne price (price as per Nutrien annual report)
•project is located in Saskatchewan which is the 3rd best mining jurisdiction in the world as per the Fraser Institute
•NPV from 2016 bankable feasibility study is $3.39B CAD or $80.39 per share for potash project
Catalysts
•revised feasibility study with higher IRR
•buyout
•buyout of another potash company
•magnesium project feasibility study (pre-feas NPV is $512M CAD or $12.14 per share)
lets get it
Comment by
SamSlade on Mar 02, 2022 4:53pm
It's been so long my gray hair has gray hairs! Bring it on!
Comment by
TRUBLVR on Mar 02, 2022 11:47pm
I enjoy the optimism, Nutrien is increasing production rapidly 1million tonnes in 2021, much higher for 2022, BHP mine is getting closer to production, massive production. reminds me of the good old days when KRN started, $700 potash back then, last 10 years potash price has hovered between $250-350, will see how long the $800 sticks around
Comment by
ohjeezuz on Mar 03, 2022 11:49am
THat BHP Jansen is a big one. 4.5 Mtpa and global production is 69.2 Mtpa. Maybe geopolitics can help us though with 48% of the worlds potash production coming from Russia, Belarus, and China.
Comment by
ohjeezuz on Mar 03, 2022 1:42pm
I really should have bought more of this thing. If it dips back down to $.60 or below Im gonna double my position. There are too many things that can go right with this stock
Comment by
ohjeezuz on Mar 04, 2022 11:40am
should have doubled at $0.64, i was being to greedy