Referenced Stocks

Western Potash Releases Feasibility Study with After-tax $2.44 B NPV

By Midnight Trader,  December 06, 2012, 10:13:32 AM EDT

Western Potash Corp. (WPX.TO) today announced the receipt of a positive Feasibility Study from AMEC Americas Limited on the Company’s 100% owned Milestone property in southern Saskatchewan. The Study confirms that the asset is of sufficient size and grade to support primary and secondary potash solution mining for more than forty years at an ultimate production rate of 2.8Mt/yr. The Study included detailed CAPEX and OPEX estimates with a production start up in 2016.

The Study reports that the resulting after-tax project Net Present Value ( NPV ) is $2.44 billion, with an Internal Rate of Return ( IRR ) of 18.6 % assuming a nominal discount rate of 10%. On a before tax basis, the Project yields an NPV of $3.6 billion and an IRR of 21%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: IRR, NPV



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