K2P kore potash limited

ddzx If you have read my post correctly I said the following....

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    ddzx If you have read my post correctly I said the following.
    "With the Yangala potential grades of between 55% to 60% KCl, the opex must be in line, if not lower than Dougou (20% to 24% KCl) where the studies indicated at $68 per ton Mop. Combine this with Kola (33%KCl) at $91 per ton Mop"

    Therefore my statement of between $69 to $91 per ton.

    I must add that having studied 43-101's from many potash projects, I find in terms of breaking down the cost components and opex components, the ELM one to be way ahead. Remembering that ELM's Kola project was done back in 2012, much has changed and a new DFS will have significant improvements

    I also have no doubt that when the costs are finally compiled, as per the Chairman's statement, "Summit group of investors and the French consortium of engineering firms (the French Consortium), allows us to complete the Definitive Feasibility Study (DFS) of Kola and receive a fixed price Engineering, Procurement and Construction contract on Kola" the cost savings on the project will be very advantageous.

    Still in my opinion, an excellent project
 
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