K2P kore potash limited
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accumulate to dividend

  1. StoneyJerk
    1,384 Posts.
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    26/03/11
    22:50
    Post #: 8170338
    Some rough numbers:
    Proven Resource 300,000,000 (maiden JORC)
    Annual Capacity 8,000,000
    Life of Mine 37.5 years (remember open in all directions so strong likelyhood of Proven Resource increase - 50yrs? 75 yrs? 100 yrs?)

    Sales
    8m x $500tn = $4 Billion p/y
    http://www.bloomberg.com/news/2011-03-16/uralkali-says-potash-will-surge-as-market-similar-to-record-year.html

    Might hold for maiden dividend...

    K2P Price at posting: $2.47 Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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