reward minerals shares soar after potash negot, page-34

Good Post DDzx,

STB being open pit is estimated to be in the half billion dollar range for capex as well, I see denpal is quoting 800tpa production for both lakes so 2 mines = 2x capex. Also STB and ELM are much closer to ports/rail infrastructure while RWD will rely on very long road trips to get potash to suitable distribution points, road is a very inefficient way to transport a bulk commodity look at the NT phosphate plays to see how much road transport eats into profit margins obviously potash is a much higher value product so not a huge deal but one worth considering. Lastly as for ozelectros claims regarding financing fair dinkum STB and ELM are hardly the lone ranger operating in africa now the china boom has opened the whole continent up.