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Gold/Mining/Energy : Verde Agritech
NPK.TO 1.040-6.3%Nov 7 9:30 AM EST
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To: Rocket Red who wrote (1582)8/29/2010 7:45:44 PM
From: Claude Cormier  Read Replies (1) of 16582
 
Jed is possibly optimistic or using a higher grade because taking 10% K2O implies 16.6% KCL equivalent. Thus, to obtain 1 tonne KCL equivalent you need 6.02 tonnes of ore (100/16.6)

So lets call it north of 6 including the recovery factor which we don't know yet.

We are speculating here, but a number between $265 and $300 would be fine with me.
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