Potash : The Crash & Eventual recovery (thru NTR)

[drbubb]

The Potash Crash...  And Eventual recovery (POT > NTR)

When Food and Ag prices came down, Potash crashed

In recent years, NTR & other Potash companies correlated with energy stocks (XLE)

NTR, etc vs- XLE ... 5 yr: from 10.10.2015 : NTR: $41.01, XLE: $30.79

NTR: All: 2yr: 1yr: 10d / Last $41.01, yrL: $23.85, yrH: $51.07

ILC, MOS vs XLE, DBA ... update :

Top producing potash stocks ... update from 2016:

Cheapest two: SDF, IPI ... from 2016: IPI: $9.72,  SDF: $7.06

• Nutrien (NTR)
• Mosaic (MOS)
• K+S (SDF)
• ICL (ICL)
• Intrepid Potash (IPI)

Top exploration & development potash stocks... from 2016:

• Sirius Minerals (SXX.uk) : > SOLD to Anglo-American
• Highfield Resources (HFR.au)
• Salt Lake Potash (SO4)
• Kalium Lakes (KLL)
• Kazakhstan Potash (KPC) : stopped trading; last at 0.02
• Emmerson (EML.L)

In 2013, almost 70% of potash production was controlled by two cartels, Canpotex and the Belarusian Potash Company. The latter was a joint venture between Belaruskali and Uralkali, but on July 30, 2013 Uralkali announced that it had ended the venture.

Now this :

End of Potash Cartel to Boost U.S. Farmers - WSJ.com

- A Russian producer's decision to end the global potash cartel stands to help U.S. farmers—and eventually consumers—by lowering fertilizer prices...
- A classic case of high prices and a hot growth story prompting a wave of new supply
- Potash demand was meant to spiral upwards, and spot prices went above $1,000 per mt in 2008
- Today potash is closer to $400 / mt, and demand has slowed with slower economic growth in emerging market
- Brazil and India have seen their currencies slide, raising costs
- The Russian cartel plans to operate at 100% capacity in the second half, up from 70%
- Overall operating capacity will expand from 62 mn mt in 2012 to almost 71 mn mt in 2015
- Demand this year, is just 54 million mt

Pricing

At the beginning of 2008, potash prices started a meteoric climb from less than US$200 a tonne to a high of US$875 in February 2009.^[35] These subsequently dropped dramatically to an April 2010 low of US$310 level, before recovering in 2011–12, and relapsing again in 2013. For reference, prices in November 2011 were about US$470 per tonne, but as of May 2013 were stable at US$393.^[36] After the surprise breakup of the world's largest potash cartel at the end of July 2013, potash prices were poised to drop some 20 percent.^[37] At the end of Dec 2015, potash traded for US$295 a tonne. In April 2016 its price was US$269.^[38] In May 2017, prices had stabilised at around US$216 a tonne down 18% from the previous year. By January 2018, prices have been recovering to around US$225 a tonne.^[39] World potash demand tends to be price inelastic in the short-run and even in the long run.^[34]

CHARTS

Update : 5yrs : http://www.infomine.com/ChartsAndData/GraphEngine.ashx?z=t&dr=5y&gf=110545.USD.t

NTR / Nutrien Ltd. (NYSE) : POT merged with.... Agrium / update : vs.DBA

POT/ Potash Corp ..... All-data : 3 years : 6-mos : 10d-chart / update: $17.48 (at 7/18/2016)

DBA / Ag Fund ..... All-data : 3 years : 6-mos : 10d-chart / update: $21.51 (at 7/18/2016)

 

=====
LINKS :
Potash Industry :: http://en.wikipedia.org/wiki/Potash

[drbubb]

News for potash industry
====
How is potash shake-up affecting local industry?
CTV News ‎- 7 hours ago
The potash industry has seen prices and company shares plunge, in response to events on the other side of the planet.

Saskatchewan premier urges calm over developments in potash industry
Lethbridge Herald‎ - 5 hours ago

=== ===
The $20-billion global potash market was thrown into disarray this week with the collapse of a European cartel. Some analysts predict the price of potash will plunge by 25 per cent.

However, Potash Corp says it has weathered market volatility in the past.
“In the 30 or 40 years that Potash Corp has been mining potash in Saskatchewan and New Brunswick, the price has gone up and the price has gone down,” says Brown. “It is a cyclical business. There are times we have to shut down our operations due to lack of sales, but at the end of that, we go back into business and do what we do best.”

Hundreds of mining jobs in New Brunswick depend on potash exports. The mine is a pillar of the Sussex economy, but the economic impact reaches far beyond the town, throughout southern New Brunswick and into the Port of Saint John.

Construction of a new mine - a $1.7-billion mega project - is nearing completion and according to the province’s natural resources minister, Bruce Northrup, that project assures a long-term future.
. . .
The stocks of potash producing companies around the world have been plummetting amid fears of a price war after a Russian company threatened to pull out of a marketing consortium and undercut prices on the world market.

Some financial analysts are postulating that could have a ruinous impact on Saskatchewan’s economy.
But Wall said Wednesday it’s too soon to tell what impact the situation will have on the province.
“I think it’s important we not overreact to the news, as significant or important as it is,” Wall said.
He admitted that if potash prices drop the government’s spending will be tighter. The budget for this fiscal year is expecting more than $500 million in potash royalty revenues but Wall reminds people that only amounts to five per cent of provincial revenues.

[drbubb]

Prices Drop amid Brave words

On 8/2/2013 at 12:11 AM, DrBubb said:

Here's a Trade I am watching, but will not do (yet)

POT : $29.25 +$0.25 / Y: 1.69% / PE: 11.2

POT/ Potash Corp ... 10d-chart ... 6mos : 3 years

POT gapped down two days ago, on the breakup of the global Potash Cartel.
It is making new lows just below 2 days ago on lighter volume

It could rise from here, back into the Gap.
POT announced a $2 Billion Buyback program, so that may fuel some buying.

You can buy an Aug.$28 call for about $1.40 now (LOD was $1.12).
If it goes to the top of the gap with the 3 weeks of the option's life, that would be $36,
and the option would be worth $8 - that's more than a 5-bagger.

And if the stock trades sideways, you lose just a bit.

 

Price volatility won't affect new mill

PotashCorp New Brunswick employs 525 staff in addition to hundreds of contractors in Sussex, and is the biggest mineral royalty engine for the province, generating $25 million last year.
Potash, a key ingredient in fertilizer, is also the largest dry bulk commodity moving through the Saint John port.
PotashCorp is also preparing to bring its new $1.67-billion mine near Sussex online, which will more than double production from the existing mine once it is fully operational by 2015.
Brown said price volatility cannot reverse that commitment.
"I think the big impact would be on those who are considering entry into the market with new mines," he said. "Whether or not somebody is prepared to invest billions and billions into a new mine."

Keith Attoe, a director with Atlantic Potash, came on the scene two years ago. In February, he announced plans to build a $350-million fertilizer plant in Saint John.
Attoe had visited the province before to sign a lease in the Sussex area. He said his company, backed by Chinese investors, was optimistic about starting its own mine in Millstream.
In a statement to CBC News on Tuesday, Attoe said, "We are monitoring the situation, and at this time there are no changes to our plans."
===
/more: http://www.cbc.ca/ne...sh-pricing.html

[drbubb]

... a Reuters report concerning the potential for Eurokali and Belaruskali getting together again to market their potash production.

This along with the recent rise in corn, soybean and palm oil prices, at the very least, gives much optimism regarding fertilizer prices in general and potash specifically.

Business | Mon Jul 11, 2016

Related: BUSINESS, DEALS

New Uralkali shareholder wants to restore Russia-Belarus potash alliance

MINSK | BY ANDREI MAKHOVSKY

The logo of Russian potash producer Uralkali is pictured at the company's stand during the St. Petersburg International Economic Forum 2016 (SPIEF 2016) in St. Petersburg, Russia, June 16, 2016.

REUTERS/SERGEI KARPUKHIN/FILES

The Belarussian businessman who last week acquired a 20 percent stake in Russian potash producer Uralkali said on Monday it would be in everyone's interest to restore an alliance between Uralkali and Belarus, the world's two biggest potash miners.

Uralkali and the Belarussian Potash Company (BPC) used to cooperate with each other, helping to manage supplies and underpin prices. This arrangement broke down in 2013, triggering a fall in world potash prices.

Russian businessman Mikhail Prokhorov's Onexim Group sold its 20 percent stake in Uralkali to Belarusian businessman Dmitri Lobyak last week.

Speaking by phone to Reuters, Lobyak said "Everyone has a desire (to restore the alliance between Uralkali and BPC). This would be in everyone's interest."

The share deal does not automatically mean the alliance is back on, because Lobyak does not control BPC, which is state-owned, and he has only a minority stake in Uralkali.

In June, Belarus agreed to sell potash to India at the lowest price in a decade and about a third less than last year's level as global supplies of the crop nutrient exceed demand.

At the time, Uralkali said that the price offered by Minsk was too low, while the managing director of Indian Potash Limited, the country's biggest importer, said he expected other potash miners to offer decade-low price after that deal.

Belarus President Alexander Lukashenko said last month that his country might cooperate with Uralkali again.

[drbubb]

An AIM-listed company, with a large deposit of polyhalite material - for fertilizer

UK:SXX / Sirius Minerals PLC (LSS) ... All : 3-yrs : 2-yrs : 6-mos / 10d : Last 22.34P

 

Sirius Minerals, a publically listed company on the London Stock Exchange’s AIM market, aims to be a world leading producer of multi-nutrient fertilizers.
Our area of interest contains the largest, highest grade resource of polyhalite to be found anywhere in the world.
Results confirmed that our area of interest contains a polyhalite resource of 2.66 billion metric tonnes, as defined according to the internationally recognised JORC code. This is just 7% of the Project area of interest and provides an asset excess of 100 years. Within the resource area, there is a JORC compliant Probable Mineral Reserve of 280 million tonnes of polyhalite.

==

> http://siriusminerals.com/our-project/the-deposit/

"Sirius Minerals is “closer than ever” to fulfilling its aspirations of building a world class mine in North Yorkshire, after it secured the final major approval for the project and its infrastructure.

The AIM market favourite confirmed today that the UK government had given approval for harbour facilities on Teesside necessary for exporting the mine’s valuable polyhalite products (which will eventually be used is speciality fertilisers).

Seemingly with lots to look forward to, Sirius chief executive Chris Fraser said: "Our team is currently actively engaged in the financing phase of the Project and I look forward to providing further updates in due course.”

(by email - 7/21/2016 )

[rigger]

On 7/21/2016 at 3:53 PM, DrBubb said:

An AIM-listed company, with a large deposit of polyhalite material - for fertilizer

UK:SXX / Sirius Minerals PLC (LSS) ... All : 3-yrs : 2-yrs : 6-mos / 10d : Last 22.34P

http://i1248.photobucket.com/albums/hh483/sjw55555/sxx_zpsq1taxlu3.gif

 

Sirius Minerals, a publically listed company on the London Stock Exchange’s AIM market, aims to be a world leading producer of multi-nutrient fertilizers.

Our area of interest contains the largest, highest grade resource of polyhalite to be found anywhere in the world.

Results confirmed that our area of interest contains a polyhalite resource of 2.66 billion metric tonnes, as defined according to the internationally recognised JORC code. This is just 7% of the Project area of interest and provides an asset excess of 100 years. Within the resource area, there is a JORC compliant Probable Mineral Reserve of 280 million tonnes of polyhalite.

> http://siriusminerals.com/our-project/the-deposit/

Interesting share.

[rigger]

https://www.google.co.uk/finance?q=NYSE%3APOT&sq=potash&sp=1&ei=VjgcWcjPMdS7U43aqIgN

 

Potash Corporation of Saskatchewan (USA)

(NYSE:POT)

10 year low.

Merger with Agrium ongoing.

[drbubb]

On 5/17/2017 at 7:55 PM, rigger said:

 

https://www.google.co.uk/finance?q=NYSE%3APOT&sq=potash&sp=1&ei=VjgcWcjPMdS7U43aqIgN

 

Potash Corporation of Saskatchewan (USA)

(NYSE:POT)

 

10 year low.

 

Merger with Agrium ongoing.

 

Interesting to see that - as SXX.L is well off its lows: GBP 26.841p

Sirius Minerals PLC 52 Week Range: 14.22 to 52.50

(updated at 5/8/2018):

UK:SXX / Sirius Minerals PLC (LSS) ... All : 5-yr : 3-yr : 2-yr : 1-yr : 6-mos / 10d : Last 32.84 P

[rigger]

On 5/18/2017 at 5:24 PM, DrBubb said:

 

Interesting to see that - as SXX.L is well off its lows: GBP 26.841p

Sirius Minerals PLC 52 Week Range: 14.22 to 52.50

I will pick some up at the right point,  just feel they've raced ahead a bit.

I've now bought some Potash Saskat.

I'm not a massive fan of stocks at the minute but I've bought in with a view to buying more if broader markets roll over.

[drbubb]

Potash: How Undervalued Can One Commodity Get?

Potash last year hit a nine-year low in terms of U.S. dollars.

But it hit a thirty-year low in terms of gold.

Read more at http://www.stockhouse.com/companies/bullboard#eR6FogLYomcrHylD.99

[drbubb]

PHOSPHATE ROCK PRICES - weak for years. ... update

Also weak for years is: AGR etc,  ... All: 10yr: mid-2012: 2015: 2016 / " 



 

[drbubb]

AGR / Quarterly Highlights

Aguia is pleased to report on its activities for the second quarter of its fiscal year ending on June 30, 2020:

 On October 17, 2019 Aguia announced the approval of the Environmental Impact Assessment and the award of the key Preliminary License;

 Different development scenarios and a Project Development Plan for the Três Estradas phosphate project commenced;

 Sampling and trenching continue at Carlota and Passo Feio with results of 13m at 4.2g/t gold at Carlota and 14m at 0.76% copper along the trench at Passo Feio;

 Reprocessing and reinterpretation of historical ground geophysics data using the Induced Polarization method (IP), covering and area about 9x3 km along the Andrade and Primavera trend has generated new targets and confirmed the geophysical signature for copper deposits

  An IP survey totalling about 12 line-km was completed over the Carlota Target to follow up on significant copper- and gold-in-soils anomaly has mapped a prominent chargeability anomaly

 6 line-km of IP was completed over the Passo Feio Target to follow up on the copper geochemical anomalies.

 Drill test of Andrade deposit and these promising geochemical and geophysical anomalies is planned for the March 2020 quarter

 Completed capital raising for approximately $1.7 million

 Aguia’s Annual General Meeting was held on 29 November 2019.

All resolutions put forth by the Board were approved by shareholders. During the second quarter, Aguia continued to focus its exploration efforts on the highly prospective copper targets in the Rio Grande Copper Belt while advancing its Três Estradas phosphate project located in the state of Rio Grande do Sul in Southern Brazil. Aguia also announced that it closed two non-brokered private placements raising a total of $1,668,120.

The first private placement closed on November 21, 2019 and raised gross proceeds of $250,000 with the issue of 1,428,571 shares at $0.175 per share and the second private placement closed on December 20, 2019 raising gross proceeds of $1,418,120 with the issue of 9,454,666 shares at $0.15 per share.

> http://aguiaresources.com.au/site/wp-content/uploads/MDA.pdf

[drbubb]

NTR vs AGR etc ... update : xx /x x

Edited 23 hours ago by drbubb

[drbubb]

On 7/21/2016 at 3:53 PM, drbubb said:

An AIM-listed company, with a large deposit of polyhalite material - for fertilizer

UK:SXX / Sirius Minerals PLC (LSS) ... All : 3-yrs : 2-yrs : 6-mos / 10d : Last 22.34P

 

Sirius Minerals, a publically listed company on the London Stock Exchange’s AIM market, aims to be a world leading producer of multi-nutrient fertilizers.
... This is just 7% of the Project area of interest and provides an asset excess of 100 years. Within the resource area, there is a JORC compliant Probable Mineral Reserve of 280 million tonnes of polyhalite.

"Sirius Minerals is “closer than ever” to fulfilling its aspirations of building a world class mine in North Yorkshire, after it secured the final major approval for the project and its infrastructure.

Anglo American has agreed to buy Sirius Minerals for almost £405m, potentially safeguarding thousands of jobs at the Yorkshire mining project.

[drbubb]

Potash (/ˈpɒtæʃ/) includes various mined and manufactured salts that contain potassium in water-(soluble form).^[1] The name derives from pot ash, which refers to plant ashes or wood ash soaked in water in a pot, which was the primary means of manufacturing the product before the Industrial Era. The word "potassium" is derived from "potash".^[2]

Potash is produced worldwide in amounts exceeding 90 million tonnes (40 million tonnes K₂O equivalent) per year, mostly for fertiliser. Various kinds of fertilizer-potash constitute the single greatest industrial use of the element potassium in the world. Potassium was first derived in 1807 by electrolysis of caustic potash (potassium hydroxide).^[3]

^> https://en.wikipedia.org/wiki/Potash

Top potash producing countries

Country	2018 Production (Tonnes)	% of world total
Canada	12 million	20.70%
Russia	7.3 million	34.50%
Belarus	7.1 million	12.90%
China	5.5 million	6%

10 more rows

•

Top 11 Potash Stocks to Watch | IG EN / Sep 30, 2019

Top producing potash stocks

• Nutrien (NTR)
• Mosaic (MOS)
• K+S (SDF)
• ICL (ICL)
• Intrepid Potash (IPI)

Top exploration and development potash stocks

• Sirius Minerals (SXX)
• Highfield Resources (HFR)
• Salt Lake Potash (SO4)
• Kalium Lakes (KLL)
• Kazakhstan Potash (KPC)
• Emmerson (EML)

10 Top Potash Countries by Production | Canada is First | INN

investingnews.com › daily › potash-investing › top-pot...

 

Aug 3, 2020 — Canada is the world's largest potash producer, with potash production in 2019 growing by 1.3 million MT over 2018 production levels.

[drbubb]

HFR vs AGR ... update : A$0.595, $0.044, AGR/HFR: r-7.39%

 : AU-stockcharts: AGR

[drbubb]

NZP / Chatham Rock ... update / .....   Shares OS: 33.7Million x $0.07= C$2.35 Million

==

Chatham Rock pleased with increase in phosphate prices

2020-10-06

Chatham Rock Phosphate Ltd. is observing with interest the recent surge in fertilizer prices, particularly phosphates.

Last week, Bloomberg reported as follows.

Phosphate fertilizer prices in the U.S. corn belt had their biggest quarter in a decade as buyers cope with a supply shock caused by potential import duties against Morocco and Russia.

Midwest prices for diammonium phosphate, or DAP, jumped 29 per cent in the third quarter, the most since 2010, according to a Green Markets index. Prices for a lower concentration phosphate fertilizer also surged the most in a decade -- by 34 per cent (edit: up from a rare Covid-inspired low). The two chemicals make up the primary component for many phosphate-based fertilizers used by American crop farmers.

Prices spiked after U.S. fertilizer firm Mosaic Co. petitioned the U.S. Department of Commerce and U.S. International Trade Commission in June, saying that fertilizer imports from Morocco and Russia were unfairly subsidized. That prompted an investigation and raised the prospect of countervailing duties. The two countries are the largest sources of the commodity for the United States in the most recent crop year, through June.

The U.S. imported more than two million metric tonnes of phosphate fertilizers from Morocco last year, valued at $729.4-million, according to an International Trade Administration report citing U.S. Census Bureau figures. Imports from Russia totalled more than 767,000 metric tonnes and were worth $299.4-million.

Russia's largest producer, PhosAgro PJSC, recently said it stopped shipping products to the U.S. due to the investigation, and is rerouting those volumes to Canada, Brazil and Russia.

MORE > https://www.stockwatch.com/News/Item?bid=Z-C:NZP-2972097&symbol=NZP&region=C

===

About : Chatham Rock Phosphate  aims to be the premier supplier of direct application phosphate to the New Zealand and global agricultural sector.  We are passionate about the benefit of direct application fertiliser to sustainable farming and agricultural practices.

Our objectives remain to:
* Achieve consent of the Chatham Rise project and develop the asset
* Diversify our product mix to include other phosphate resources
* Maintain our involvement at the forefront of the marine minerals sector to leverage our expertise as a project pioneer
* Develop a pathway for CRP products for the agricultural and retail sectors

while phosphate mining may lack the sex appeal of gold, silver or diamonds, it is a critical resource given the planet’s growing demand for agricultural food sources that desperately require a steady and efficient supply of the mineral. Most of us, on most days, will consume some food grown on fields fertilized by phosphate. And there is no substitute.
In short, phosphate is essential to feeding the world…especially since the dawn of the New Green Revolution.

Enter Chatham Rock Phosphate Ltd. (NZP) (TSX-V:NZP, Forum) – a Company laser-focussed on becoming the premier supplier of direct application organic phosphates to the New Zealand and global agricultural sector. And its from the depths of the ocean that the highest-grade, lowest cadmium level phosphates come from (cadmium is a highly toxic metal with common exposure in plant soils).

> Undersea Mining for Rock Phosphate:  > https://stockhouse.com/news/newswire/2020/10/16/undersea-mining-for-rock-phosphate-a-profitable-proposition

> website: http://www.rockphosphate.co.nz/

[drbubb]

Phosphate Outlook 2020: Is a Global Shortage Imminent? | INN

investingnews.com › daily › phosphate-investing › pho...

 

Dec 31, 2019 — Phosphate is a key crop fertilizer, but, despite its importance, prices fell ... The price of phosphate started the year on a high note, selling for ...

/ 2 /

Phosphate and Potash Outlook 2020 - CropLife

www.croplife.com › crop-inputs › phosphate-and-potas...

Our crop nutrient affordability metric, the ratio of a wholesale fertilizer price index and a crop price index, suggests fertilizer prices are very affordable at present ...

 

/ 3 /

xx

 

[drbubb]

Aberdeen International / AAB.t ... update:  w/AMMP:  Last: 0.14 /

(In edit: SWAPPED out of SMC (at 0.15) and into AAB (at 0.14), for even money, picking up a few extra shares in AAB. 

Interesting with AAB having an NAV of $0.38 and so I bought at a 63.2% discount to NAV.)

Book Value Per Share (mrq)

$0.38 /  EPS:  $0.098

==

Aberdeen International earns $10.9-million in Q2. / 137.1 M= EPS $0.0795 / sh

Aberdeen International Inc. has released its financial results for the second quarter ended July 31, 2021.

For the three months ended July 31, 2021, Aberdeen reported net income of $10.9-million or eight cents per basic share on total revenue of $11.6-million. Revenue comprised $11.5-million from net investment gains and $100,000 from interest income. For the three months ending July 31, 2020, Aberdeen reported net income of $3.1-million or three cents per basic share on total revenue of $3.7-million ($3.6-million from net investment gains and $100,000 from interest income and advisory fees). Quarterly performance represents a 300-per-cent increase in net income per share over the quarter ended April 30, 2021, and a 167-per-cent increase in the quarter ended April 30, 2020.

For the six months ended July 31, 2021, Aberdeen reported net income of $14.2-million or 10 cents per basic share on total revenue of $15.6-million. For the six months ended July 31, 2020, Aberdeen reported net income of $4.6-million or five cents per basic share on total revenue of $5.5-million. Performance for the first half of 2021 represents a 100-per-cent increase in net income per share over the first half of 2020.

The company's investment portfolio gains for the first half of the year were generated by significant contributions from clean energy investments in novel hydrogen and ammonia production technologies, AES-100 Inc. and AmmPower Corp., with the former seeing an $11-million increase in fair market value due to the acquisition of a significant non-controlling stake by a strategic investor. Portfolio investee Flora Growth Corp. also made a marked contribution to earnings as shares saw considerable appreciation in trading on the Nasdaq Stock Market.

> https://www.stockwatch.com/News/Item/Z-C!AAB-3138451/C/AAB

Assets.          Total Less than 1 year :  1-3 years,  at April 30, 2021
Cash                              $  222,738. :  $ 222,737
Public investments         9,152,418  :   9,152,418 -
Amounts receivable           503,073  :     503,073 -
Loans receivable            3,085,380  :   3,085,380 -
Prepaid expenses              699,285  :      691,995 
Private investments.   27,129,464 :  27,129,464
Royalty interest               1,928,200 :   1,928,200
Total assets - April 30, 2021 42,720,558$ 13,655,604$ 29,064,95

the Company having three positions as at April 30, 2021 that made up of approximately... (out of $41.66M)

28.9%: Brazil Potash Corp. (iii).         2,512,406 com. shs : Cost:  $3,957,921 EV*: 12,040,705/ 68.0% of Private Inv,%
15.0% : Flora Growth Corp. (iii).            3,408,000 com. shs : Cost: $3,421,853, EV.:   6,684,809 / 24.6%   "    "   "
12.6% : AES-100 Inc.                          25,000,000 com. shs : Cost: $5,386,999, E.V.:  5,386,999 / 19.9%   "    "   "
6.33% : African Thunder Platinum Ltd 72,440,807 com. shs : Cost: 15,244,893, E.V.:  2,637,792 /   9.4%   "   "  

===

Brazil Potash Corp - Company Profile and News - Bloomberg ...

https://www.bloomberg.com › profile › company

Brazil Potash Corp. offers potassium-based fertilizers. The Company explores and develops potash properties. Brazil Potash serves customers throughout ...

ADDRESS: 65 Queen Street West Suite 815 T...

Brazil Potash > https://potassiodobrasil.com.br

We are a fertilizer company engaged in the extraction of potash in the Amazon region. Today, Brazil is the second largest consumer of potash in the world, ...

"Over USD 180 million has already been invested on the discovery and development of the project. USD 2 billion will be invested by the time construction is complete."

 

Brazil Potash is a private company whose primary focus is on exploration and development of its significant potash properties in the state of Amazonas, Brazil. The company is well positioned to capitalise on the growing demand for potassium‐based fertilizers needed to grow healthy and sustainable crops in the agricultural sector in Brazil and globally.

 

NTR / Nutrient -etc ... update: Last: $70.19, vs. C$0.145. /. Potash Corp was merged into NTR

 

Potash is a vital commodity in Brazil, one of the world’s biggest agricultural producers, and Brazil Potash’s Autazes mine is one of several potential projects in a 400-km belt south of the Amazon which the government hopes will end its almost complete reliance on imports of the material.

The company, which has pushed its estimate for coming online back to mid-2025 thanks to delays in consultations with indigenous groups, projects initial output from Autazes at around 2.4 million tonnes per annum, sufficient to supply about 20% of Brazil’s Potash needs.

Output from the facility, which the company estimates will eventually cost $2.1 billion to bring online with a mine life of 34 years, will eventually be doubled.

Once in production, Brazil Potash is targeting annual earnings before interest, taxes, depreciation, and amortization of $718 million, which could result in a market valuation of as much as $7.2 billion according to its projections. (Reporting by Shariq Khan in Bengaluru; editing by Patrick Graham and Ramakrishnan M.)

> https://www.reuters.com/article/brazil-potash-ipo-idUSL4N2GZ3F0

[jerpy]

Have you seen the shenanigans going on at dual listed Salt Lake Potash. Some shocking stock promoters out there were pumping them even on their knees. 

[drbubb]

havent seen that.  what is the stock code?

 

 

[jerpy]

21 hours ago, drbubb said:

havent seen that.  what is the stock code?

 

 

Asx:SO4  https://www.proactiveinvestors.co.uk/companies/news/961947/salt-lake-potash-reports-ample-cash-reserves-as-lake-way-progress-continues-961947.html also LSE SO4

[Lurcher]

I know that investing involves exploiting natural resources one way or another but some investments feel a bit more uncomfortable than others and this is one of them

https://dialogochino.net/en/extractive-industries/mining-giant-amazon-indigenous-communities-to-exploit-potash/

[webmaster]

Nutrient. is it finally time to Buy?  5% could be a sweet yield, with future exciting upside

Expert Analysis on Nutrien's Stock --- $NTR

NTR : All: $51.22 +0.47 / PER:30.0, EPS: 1.70, Div.2.16, Yield:4.22%, BV:$50.45, Q1'24: 0.46A (0.38Est) 

NTR-etc: ($51.22) / DBA: 23.90 R=2.14x. CF:75.04. 3.14x; bv:29.51,  MOS:29.57, 1,24x; bv:37.40

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[webmaster]

Nutrien's Price Target Cut by RBC Capital Markets

MT Newswires;   Mon, Jul 15, 2024  1 min read