Like a 6 month term deposit with a 100% return. The Potash bit is interesting - BHP are doing their Jansen project at an opex of $100/t vs current selling price >$500/t. This is with them hauling it 2000km to port. The CAPEX is pretty expensive at $5.7B so i'd imagine we'd have to hit our exploration target and then partner with a major. Imagine be something 5 years away but they are saying demand might double in that time.
https://www.bhp.com/-/media/documents/media/reports-and-presentations/2022/220519_bmofarmtomarketconference_presentation.pdf
Add to My Watchlist
What is My Watchlist?