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DDx as I already said low prices for a commodity often mean the...

  1. young-trader
    7,117 Posts.
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    05/02/11
    21:00
    Post #: 7847777
    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
    AIV Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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