Was thinking of the discrepancies of today’s mc as opposed to...

Was thinking of the discrepancies of today’s mc as opposed to 2011 when it hit a high of close to $7 and MC of over 700 m. Back in March of 2011 the MOP prices had come off their extreme highs of 2009 and were about US$350. The company was only interested in MOP and was planning a 1M tonne per annum operation for capex of US$700 - 1000M with a 17 year mine life. Cannot remember cost to mine but let’s say it would be somewhat similar to now at approx $300/tonne. Also it was a 30/70 joint venture.

Now look at today. Price of SOP is US$550 and likely hit the bottom and plannng almost 1M tonnes by stage 2. Capex is US$300M, we have a 200 year mine life plus all these byproducts, mining licence approved and on the cusp of offtakes and funding and a MC of $189M. Joint venture now 50/50.

I know in which of these timeframes I would have liked my money n DNK.