FMJ fortis mining limited
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Follower of some potash hopefuls. If FMJ can get the deal...

  1. khibbins
    160 Posts.
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    24/03/11
    17:39
    Post #: 8160997
    Follower of some potash hopefuls. If FMJ can get the deal through it makes them about a 500M company, with a "conceptual" resource of 514Mt of K20, so around $1/t.

    Quick comparison to others, from my research and calcs;

    Fortis
    MC 500M
    Res 514M
    $0.97/t

    South Boulder
    MC 453M
    Res 121Mt
    $3.74/t

    Elemental
    MC 420M
    Res 70t
    $6/t

    Transit Holdings (also a conceptual resource)
    MC 20M
    Res 450t
    $0.05/t

    Regards
    FMJ Price at posting: $2.40 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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