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Bullboard - Stock Discussion Forum Encanto Potash Corp V.EPO.H

Alternate Symbol(s):  ENCTF

Chemicals Basic Materials
Encanto Potash Corp. is a Canada-based exploration and development company that is focused on potash properties in the Province of Saskatchewan. The Company is focused on the development of Muskowekwan First Nation (MFN) reserve lands located approximately 100 kilometers north of Regina, Saskatchewan. The Company's wholly owned subsidiaries include Encanto Resources Ltd and Encanto Trading Corp... see more

TSXV:EPO.H - Post Discussion

Encanto Potash Corp > hollow deal
View:
Post by Freedom2022 on May 05, 2022 6:15pm

hollow deal

Yes,,, but having a deal is worthless if you cant fill the 5 ton million contract,,, EPO can only afford to go for a 500,000 size range maybe 1 million,,, Small project that can be scaled up as progress allows ,, cheers!
Comment by talisman47 on May 05, 2022 7:03pm
The agreement was for up to 5M tons /yr.. So 1M /yr would be a good start. Sales of 1M @700/ton is $700,000,000 per year !!! Nothing wrong with that... Also, the understanding was that Encanto could make deals with other potash suppliers that they could those  contracts to the India group. As well, they could sell grains, pulses, etc, to the group. It didn't have to be just potash.
Comment by talisman47 on May 05, 2022 7:07pm
The agreement was for up to 5M tons /yr.. So 1M /yr would be a good start. Sales of 1M @700/ton is $700,000,000 per year !!! Nothing wrong with that... Also, the understanding was that Encanto could make deals with other potash suppliers that they could sell those  contracts to the India group. As well, they could sell grains, pulses, etc, to the group. It didn't have ...more  
Encanto Potash Corp
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