Re: ICL`s Potash for growth program in Ethiopia
in response to
by
posted on
Jan 15, 2015 02:02PM
Focusing on the Dallol Potash Project in Ethiopia
Borgas believe Capex would be significantly under 1 Bn $, and the two criterias ICL need to convince themselfs to be met are: 1st an EastAfrican market, and 2nd an Opex lower then ICL`s DSW (about 146$/ton in 2012) Allanas projected Opex is 125$, so I think its fair to say ICL should be convinced rather soon, well in the next 4½ months anyway if we take Borgas on his word.