Bullboard - Stock Discussion Forum SOPerior Fertilizer Corp V.SOP.H

Alternate Symbol(s): POTRF

Chemicals Basic Materials

SOPerior Fertilizer Corp. is a Canada-based exploration and development stage company. The principal activity of the Company is to develop projects focused on the production of sulphate of potash (SOP). The Company’s Blawn Project in Utah involves the exploration, development and production of mineral resources and is focused on the exploration of alunite in order to produce SOP, co-product... see more

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TSXV:SOP.H - Post Discussion

SOPerior Fertilizer Corp > Word out on a JV

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Post by oilinvestor2022 on Dec 28, 2022 1:47pm

Word out on a JV

Get your shares before the release. Looks like early confirmation. Good luck to all!!!

do your own due dilegence!!!

oil investor

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Comment by mdjbrown on Dec 29, 2022 12:11am

oilinvestor, will the expected $4.5 million US from the counter-party fund the entire anticipated project, or is there additional investment expected? "On execution of a definitive agreement in respect to the Project, the Company will receive a payment of US$4.5 million from the Counter-Party. The Counter-Party will be the “operator” of the Joint Venture and will obtain an increasing ...more

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Comment by oilinvestor2022 on Dec 29, 2022 5:29am

I believe the total estimated investment was estimated at $250 million ballpark with recent cost estimates likely being greater with inflation. Costs would include all equipment for extraction and hauling. Costs of salt/brine pools and the transportation hubs for hauling the products. it was estimated that gross revenue on an annualized basis would be $170,000,000 million times ...more

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