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Has anyone worked out what a JORC compliant mineral reserve of...

  1. cucucu
    222 Posts.
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    22/01/09
    11:26
    Post #: 4717209
    Has anyone worked out what a JORC compliant mineral reserve of 100 million tonnes of Potassium Oxide with a grade of 20 % is going to be worth ??

    At A$ 1000 per tonne its massive .

    There is some excellent research material on Potash market available on www.potashcorp.com ( especially the 68 page 2008 overview)

    and www.intrepidpotash.com , two of the largest players in the industry. Minimal competition, prices not going backwards, forecast demand going one way, UP.



    TRH Price at posting: 12.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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