03:50 PM EST - Verde Potash : announced the positive results of a Pre-Feasibility Study for the production of ThermoPotash. Key Economic Highlights for 1,000 tonnes per day ("tpd") of TK Production: Estimated Project Capital Cost is $113.6 million U.S., including $14.7 million U.S. in contingency. Estimated Operating Cost (including production, work force, and variable costs) is $47.12 U.S. per tonne plus estimated administrative, marketing and other costs are $8.18 U.S. per tonne for a total cost of $55.29 U.S. per tonne of Estimated after-tax Net Present Value, using a 10% discount rate, of $145.7 million U.S. Verde Potash
shares T.NPK are trading down $0.02 at $1.59.
