IC Potash - If You Dig Deeper, The Pieces Of The Puzzle Are Falling Apart
- IC Potash' Ochoa project looks very interesting at first sight.
- However, when you start to dig deeper, the story unravels fast.
- The all-in sustaining cost is 25% higher, and the current SOP price is 34% lower than in the feasibility study.
- This reduces the attractiveness of the project, and I'm afraid it won't be built until the SOP price improves.