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0.00% 40.0¢ south boulder mines ltd

potash prices moving up

  1. calina
    49 Posts.
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    06/10/11
    22:25
    Post #: 9059646
    Potash prices may touch $600 per tonne on domestic demand
    1. “Global demand for potash is expected to grow at 3-3.5% annually”
    2. “According to global standards, every 2 million tonnes of greenfield capacity addition (excluding infrastructure expenses) costs $2.5 billion”.
    In comparison, the expected Capex for STB’s Colluli deposit is only $500 - $700M.
    http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/chem-/-fertilisers/potash-prices-may-touch-600-per-tonne-on-domestic-demand/articleshow/10251496
    STB Price at posting: $2.39 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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