The Investment Doctor
Long/short equity, value, debt, base metals

IC Potash - If You Dig Deeper, The Pieces Of The Puzzle Are Falling Apart

(Editor's Note. Investors should be mindful of the risks of transacting in illiquiid securities such as ICPTF. The company's Toronto Stock Exchange listing of ICP.TO offers additional liquidity.)

Introduction

In this article I'll have a closer look at IC Potash (OTCQX:ICPTF), one of the few firms trying to bring a SOP project in production. I will explain what the advantages are of producing SOP over MOP (which will be Allana Potash' end-product), and will try to determine whether or not this project could be financed and how the agreement with Yara International (OTCPK:YRAIF) could be helpful.

(click to enlarge)

Source: company presentation

Even though IC Potash' project is located in New Mexico it still isn't listed...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details