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Agrimin Ltd.
Summary
| Project: | Mackay | |
|---|---|---|
| Deposit: | Mackay | |
| Location: | Australia | |
| Commodities: | Potash | |
| Date: | 5/7/2018 | |
| Report Code: | JORC | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 7-5-2018: Agrimin Ltd. announces a Pre-Feasibility Study report for its Mackay deposit at the Mackay project. PFS results incl. post-tax NPV of US $453M (8%), IRR of 20%, 20yr LOM at the project . Agrimin Limited (ASX: AMN) (“Agrimin” or “the Company”) an | |
| Resources: | (Resource, I+I): 26.1Mt @ 8.0kg/m3 SOP for specific yield estimate | |
| CP/QP: | [Resources]: Murray Booker (Hydrominex Geoscience) | |
| ABSTRACT: | Agrimin Limited (ASX: AMN) (“Agrimin” or “the Company”) announces the results of the Pre-Feasibility Study (“PFS”) for the Mackay SOP Project which is located 785km south of the Port of Wyndham, Western Australia. The PFS was managed by Advisian, the consulting business line of WorleyParsons Group. Mark Savich, CEO of Agrimin commented: “The PFS has highlighted the potential for the Mackay SOP Project to become the world’s largest and lowest cost supplier of seaborne SOP. In addition, the Project has the potential to be a catalyst for investment in regional infrastructure throughout central and top end of Australia, thereby creating sustainable economic opportunities for local communities.” “Global SOP demand is experiencing rapid growth due to evolving food production practices, and Agrimin can have an important role in providing reliable seaborne supply of this high quality fertilizer.” | |
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