STB 0.00% 40.0¢ south boulder mines ltd

re: Ann: Scoping Study for the Colluli Potash... OOPS should...

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    re: Ann: Scoping Study for the Colluli Potash... OOPS should have posted reply in this thread!

    Noticed that STB used an MOP price of $500 in their recent Scoping study. Longterm floor price appears to be $200-$300 so $500 appears outrageously optimistic. This throws the calculated NPV and IRR of the project into negative or slightly marginal territory based upon a ridiculous price assumption. www.ICIS.com provides plenty of information for punters on global MOP trade and pricing!
 
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