Allana Potash fka AAA

[LearnToTrade]

New deal signed for $400/ton. So my numbers are very conservative.

IPI is trading at 19.4 times earning as of today.
$22.64/$1.16EPS = 19.4 times

Assume OPEX production cost $75/tonne ($71 on presentation)
Assume Other cost $100/tonne ($91 on presentation)
Assume Postash $350/tonne ($400/ton on new deal)
Assume Shares outstanding 350 mil shares (274 mil now)

This is for MOP only.
250k tonnes 2015 .125/eps x 18 times earning = $2.25/share
750k tonnes 2016 .375/eps x 18 times earning = $6.75/share
1m tonnes 2017 .50/eps x 18 times earning = $9 /share

For SOP. Normally $150 more premium. But I used $100 instead.
250k tonnes 2015 .196/eps x 18 = $3.53/share
750k tonnes 2016 .589/eps x 18 = $10.6/share
1m tonnes 2017 .785/eps x 18 = $14.14 /share

MOP and SOP together. AAA should be trading at
250k tonnes 2015 $5.78/share
750k tonnes 2016 $17.53/share
1m tonnes 2017 $23.14/share