Using the following info from the RMResearch report:
Mine Life: 25 years
Production rate: 2MTpa
Projected Potash price: $500-700/tonne KCL FOB
Capital Cost: $2.4 Bn
Op and sustaining cost: $183/tonne KCL
I get:
NPV @ 10% discount rate and $500/tonne KCL FOB of $3.355 Bn and an IRR of 23%.
NPV @ 10% discount rate and $700/tonne KCL FOB of $6.986 Bn and an IRR of 42%.
Could be a monster IMO! What would that make it a 300-700 bagger? LOL. Might have to get a small parcel!
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