The french consortium is freaking massive. Check out these...

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radioactive

1,335 Posts.

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02/09/16

16:47

Post #: 18895242
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Originally posted by MarkieMills ↑

Certainly is not bad timing for these strategic investors. Potash prices have pulled back a long way since the start of the decade, as has the value of all these projects. But we do know that potassium is a bit like oil and gas. It pretty much gets consumed in the agricultural cycle, even if some of it is returned via composting of waste food and peeing on citrus trees etc.

At some stage there will be a cyclical high again - maybe not to the same extent as the last one, but the cashflow will be superb, and it might be a good time to take multi bagger profits for the very patient.

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The french consortium is freaking massive. Check out these numbers.

Louis Dreyfus Group - Aggregate average annual gross sales in recent years have exceeded $120 billion. The company employs more than 22,000 people globally at peak season.

VINCI Construction Group - Turnover of approx 30Billion Euros a year and employs in excess of 142,000 staff

Egis Group - Turnover of approx 800Million Euros per year

Technip S.A. - the total annual revenues stand at more than Euros 10.7 billion.

There has been no mention of debt funding. Does anyone really think a consortium of this size is going to be limited to producing a DFS and EPC?

I doubt it very much. Debt funding is welll and truly in the bag imo.....

K2P Price at posting: 19.0¢ Sentiment: None Disclosure: Held
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The french consortium is freaking massive. Check out these...

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