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Chilting- Icl prob they can .most interesting fact can we get ours out of the ground,for a start
The interesting thing so far is that ICL haven't produced an NPK mix containing polyhalite.
Its certainly technically possible for them to do so in their Dutch factory and if they did it would certainly substantially out sell the rest of the range - my best guess is that they cannot produce polyhalite fast enough to satisfy projected demand for such a product.
Now that Muntajat have said they will collaborate with SM to produce an NPK product - remembering the Yara link - things could start to get very interesting for SM.
What I mean is - Polysulphate has been proven in the market place - other fertiliser companies have seen the potential - ICL have a hot product but cannot supply enough raw product to satisfy demand - more supply of Polyhalite is needed...
Since we are being precise, as it comes in sulphate form, the potassium contained within polyhalite is actually recognised as high grade potash. The apparent shortcomings centre only on the percentage of polyhalite attributable to potassium - which is 14% (this compares to KCL about 4 times as much).
Cheers,
per ardua ad astra
RE: Sunday MailToday 21:56
Whilst we may have the highest grade of polyhalite, do not forget that polyhalite is low grade potash.
What absolute tosh..
Whilst we may have the highest grade of polyhalite, do not forget that polyhalite is low grade potash.
Small article regarding Sirius Minerals but no mention of the latest Torp so the article must have been written before News came out.
In my humble opinion the latest news completely changes the situation we now have 14million tons pa annum of Torp,s at $150 per ton extraction price £30.00 so great potential as we have the worlds largest deposit of Polyhailate and worlds highest grade with 100 years supply , We are not drilling for oil and hope oil will be located and not knowing how much oil is there !! We know how much Polyhailite is there and how thick the seam is which = Job,s = regenerating Area= Tax = less benefits paid = GDP for next 100 years .
This will be sorted one way or the other just have patience and faith.
If we do have to endure more dilution so be it but once in production we will be looking at far more than current SP .
Best Of Luck To All Long Term Investors