Bullboard - Stock Discussion Forum Gensource Potash Corp V.GSP

Alternate Symbol(s): AGCCF

Chemicals Basic Materials

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market... see more

Add To Watchlist

TSXV:GSP - Post Discussion

Gensource Potash Corp > Looking forward to updated CAPEX / OPEX numbers

View:

Post by mdjbrown on Jun 15, 2023 11:12am

Looking forward to updated CAPEX / OPEX numbers

With the recent deep dive in both natural gas prices and potash prices, it will be very interesting to see how it offsets the Tugaske projects OPEX calculations.

Has to be tough for potash number crunchers to try to pin the proverbial tail on a moving target in such a chaotic market.

"Gensource continues to progress its short-term financing, which the Company anticipates will advance the near-complete bridge engineering work for the Tugaske Project. Key deliverables for the bridge engineering, anticipated to be completed in early 2023 include:

Confirm and update the AACE Level 3 capital cost estimate (first completed in October 2021). For those interested in the depth of detail involved in this work, see https://library.aacei.org//pgd01/pgd01.shtml;
Confirm and update operating cost estimates;
Pursue exciting new CAPEX and OPEX reduction opportunities; and
Bring key procurement contracts for the Tugaske Project to a ready-to-sign status"