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Re: seekingalfalfa post# 1554

Wednesday, 06/16/2010 9:46:02 AM

Wednesday, June 16, 2010 9:46:02 AM

Post# of 12338
I guess I need to apologize to the board regarding my calculations in the post prior. Can't figure what I was thinking, but going over a 200 by 500 by 5 meter = 500,000 cubic meter deposit and given that potash weighs approximately 80 lbs. per cubic foot, or roughly 2400 lbs. per cubic meter, the $300/ton (opex in) profit, multiplies out to $180,000,000. Not a bad " whiff " I'd say.
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