Deep under the
North York Moors Area there is a reservoir of
potassium fertilizer without Cloride. It is better than the Dead Sea Potash. Sirius is selling it as POLY4. This thing could disrupt worldwide fertilizer markets and devaluate investments in Israel, Jordan, Saskatchewan, Ukraine and even the Colluli project in Eritrea. Sirius estimates the cost of production of POLY4 at 32.60 $ per tonne, and sale price of 158 $ per tonne. If that comes to fruition, POT called ICL in Israel is doomed. What really bothers me is the projected price for potash fertilizer, which is lower than current price. If so, the probability of fat dividends is zero. This week I shall start liquidating my beloved shares.
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