This presentation pretty much goes over the Potash dynamics (briefly) for anyone that is interested. Its a little old (Mar 2012). But gives me an idea of what is going on. ELMs potash project is indeed at the bottom of the cost curve. Best place to be.
Just wondering, ELM has already spent $70 million on exploration etc so far, does anyone have an opinion of how much of that is factored into the current SP?
Lastly, this is from a company in the U.K that has completed a comparative PFS- Basically the project would cost $2.7 billion for a 1.4mtpa project. Costs of $252. I mean... ELM beats that hands down (there are more details to the project below).