KP2 Discussion, page-667

Current price is ridiculously cheap...will definitely reward long term investors
- second lowest cost producer globally
- shallowest deposit globally (unlike Brazil Potash) - The mining depth for Kore Potash's Kola Project ranges between 190 meters and 340 meters below the surface
- very close to port which it will control
- scope to increase production from 2.2million tonnes to over 7 million tonnes per annum.
- post-tax internal rate of return (IRR) of 20% based on the Definitive Feasibility Study (DFS).
- easy access to supply Brazilian market, no need to go through the time consuming and expensive Panama Canal..

BHP invested in the Jansen Project in Canada.
"Our CAD$14 billion (US$10.5 billion) investment in the Jansen project will deliver a potash mine in Saskatchewan designed to maximise sustainability. The Jansen site is located approximately 140 kilometers east of Saskatoon"
The Jansen Potash Project involves mining potash from deep underground using shafts that reach approximately 1,000 meters (1 kilometer) in depth.
Analysts estimate the project will deliver an internal rate of return (IRR) between 12% and 14%.
Canadian potash suppliers primarily transport their product to Brazil through the Panama Canal...

BHP would definitely be sniffing around when both projects are analysed and considered.
There would not be many projects trading with a market cap globally..Would be very surprised if this isnt trading AUD 0.20 back end next year once funding complete and they have broken ground to begin project construction.
Lets hope this project is not acquired cheaply before operations begin.