Agred. IMO KP2 is significantly undervalued.
So my understanding is that Kore DFS was calculated with a potash market price of US$350/t, and at that price, the project was forecast to deliver US$500 million PER YEAR in free cash flow for 33 years (US$500m x 33 years = US$16.5 billion FCF over project life). That's in USD.
potash prices are now much higher than US$350/t and will likely remain high for a long time to come (current potash spot price reported as exceeding US$1000/t).
also, KP2 is working on increasing and extending the resource and project life via development of the nearby Dougou and DX deposits.
the potential here is...pretty impressive...to put it mildly.
GLTAH.
-
- There are more pages in this discussion • 99 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
