11:49 AM EST - Encanto Potash Corp. : Which has signed an agreement to supply India with potash over 20 years, would have the capacity to produce and export 3.4 million tonnes of potash annually, according to a recently completed Preliminary Economic Assessment ("PEA") by Amec Foster Wheeler.The estimated 20% increase in production potential, based on adoption of greater plant capacity, can be maintained for more than 48 years, according to the PEA prepared by Amec Foster Wheeler. The study also concludes the project has a net present value of $1.13 billion, with an internal rate of return of 18.9% after taxes using a 10% discount rate. Encanto Potash Corp.
shares V.EPO are trading unchanged at $0.08.
