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potash , page-48

  1. 7,117 Posts.
    DDx as I already said low prices for a commodity often mean the project isn't viable

    But when prices rise high enough those projects become viable

    At current levels the project is viable and profitable but I don't think it's profitable enough yet to warrant development

    As I said if the deposit were 2-4x the size then development would IMO be a possible scenario
    But if Potash prices spike again to there previous levels then projects like these start looking good
 
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