/biz/ - Business & Finance

>>56794309
>>56794313
>>56794326
It will release in a healthy market where everything is green and BTC will be worth 100k a coin. Stay mad.

Correct.
I'll just fuck off, do a 360 and keep playing around with doge and rebase to make some money until this uncertainty blows over. Good thing is if we truly make it down to 25/24k, the pump will be fucking massive.

>>54746620
based, keep holding and DCAing

>>54644329
>>54644367
>>54644469
Stakewise, fellas.
>pure ETH staking
>unstake whenever you want
>use staked ETH to boost it further using defi projects
>good nodes so no bullshit or delays
Highly recommended

>>54644367
>>54644486
Based

>>53892057
>Buy some land, own a home and a nice car
Soon.

Its too expensive.

CUUUUUUUNNY!

Looks like we're about to witness gold getting beat up in the coming months. Some people were calling for lower inflation numbers, Fed hawkishness reduction and earlier pivot, and a rebound in stocks and gold. But the last CPI print really was a slap in the face for those still having hope of a rebound above support levels. I think we're about to see supports get broken across the board. Just have to see whether the Fed will break the back of the bulls with a 100p hike or whether they'll just continue the slow grind with a 75p hike. 50p hike not gonna happen.

>>51398557
I certainly hope it goes well for the permabulls, if it takes a big enough dip I'll be more interested in buying myself too though. Right now buying is too risky for me. Lots of expectations baked in as we can tell from the 30Moz and exorbitant takeover price targets this early on. And the bid/ask spreads are ridiculous. I'm not interested in buying right now that's for sure. Make it cheaper and give me more data first, then I'll be more interested.

>>50904109
$443M is fucking nothing. There are companies that are valued higher based on mere speculation. Say these guys get to their 23Mt/y target in ten years, with the way they're raking in profits right now they would be getting in excess of $1B in EBITDA every year.

>So they would be losing money if price went down anywhere near last years level?
I wouldn't say they would? What lead you to that conclusion? They would be making less money but still quite nice margins. The company is already selling its product at a lower price than conventional KCl (propotional to the K content in their product) and the product itself is arguably better than conventional KCl due to its significantly lower salinity (better for soil microbiome + less rust on farming equipment). I hear that the company's product is so greatly in demand that they are pre-selling tonnes to be produced in 2024.

But let's say they could only sell their product at a prevailing KCl price of US$369 as assumed in the PFS which would be equivalent to about US$81/t sales price (US$23 freight cost) for the company's product, as opposed to the current +US$1,000 KCl price, and let's also assume they would not be able to sell sulphur and micronutrient products. The after-tax IRR would still be 387%. The mine would generate a cumulative cash flow of US$16B. YoY revenue per tonne ex. freight costs increased from C$37/t to C$88/t, and EBITDA incl. freight costs from C$13/t to C$53/t. The KCl prices were between US$390-555/t a year before and they had positive EBITDA (slight net loss due to CAPEX and management payments admittedly but with higher tonnage they would have been in the green)

I think I'm as convinced as an investor can reasonably be that they would stay profitable even in a bearish scenario for KCl prices. But if you happen to know other mining companies with numbers like these that are already turning in profits and that have lower market cap, I'd like you to share them with me.