WESTERN POTASH CORP T.WPX

Simple Math

[rackie]

CAPEX 81 Mil on the new plan. Today's Market Cap at $0.30 is 68 mil. 
For the low price of 149 mil (company market cap and Capex of the solution mine) you get 22 million net dollars per year of delicious potash. You also get to leverage RIO (ie keep them out of town) because you own prime spots in their wheelhouse. AND you get to scale your own operations up in the future.  Oh, and the water source has been secured in a politically friendly enviroment.
I wonder what that would be worth to POT.T? Seeing as they are willing to spend like drunken sailors on strategic threats recently, you would think this has got to be on their radar.

[blackwood2002]

I gather POT woul love to have its fingers in WPX but there's no way the cdn gov will give them a green light to increase their monoloply in canada. k&S is a round about way to do so at a price they seem content to throw money at to accomplish such a goal. Besides of course regaining their ability to control global prices with that much supply control under their belts. Heard of Saudi

[davekin]

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