Verde fertilizantes - Verde Potash Plc
Verde fertilizantes - Verde Potash Plc
Verde fertilizantes - Verde Potash Plc
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$3.3 Billion NPV, 27% IRR and $598M initial CAPEX<br />
Base Case Scenario<br />
Total KCl Production: 3 Mtpy<br />
Capex per Phase (USD million)<br />
Capex for Total Production (USD<br />
million) (excludes sustaining<br />
capital)<br />
Phase 1 (2015)<br />
0.6 Mtpy<br />
Phase 2 (2017)<br />
+ 1.0 Mtpy<br />
Phase 3 (2019)<br />
+ 1.4 Mtpy<br />
598 732 1,008<br />
2,338<br />
Operating Costs (USD/t KCl)<br />
IRR (%)<br />
After Tax NPV (USD million), at<br />
10% discount rate<br />
285<br />
27<br />
3,367<br />
• Completed by SRK Consulting Feb 2012<br />
• Production of 100% granular fertilizer grade KCl (60% K 2 O)<br />
• CAPEX includes 25% contingency<br />
• Study assumes an average long term Vancouver FOB KCl granular price of US$559 per tonne and<br />
US$475 from 2015-20 (CRU Market Research 2012)<br />
TSX: NPK<br />
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