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Specifically, the acquisition is accretive on an annualized basis to 2025 EBITDA by 10%, and cash flow from operations and free cash flow by 9%. Accretive financial metrics The transaction is immediately accretive to EOGs net asset value as well as all per-share financial metrics. Forward-looking statements are not guarantees of performance.
A WORLD-CLASS MINE Brazil Potash expects Autazes to produce roughly 2.4Mt of potash (MOP) once operating at full capacity enough to satisfy 20% of Brazil’s needs. The proven economically recoverable reserves of the mine is 69 Mt of KCl at a grade of 28.9% There is another 122 Mt of probablereserves grading 27.5%.
Visible Long-Term Synergies: Visible operating, capital and corporate synergies which, in addition to supply chain efficiencies, can generate meaningful savings. Anticipated annual synergies of over $200 million can be achieved independent of commodity prices and will begin to be captured upon closing of the transaction.
The lack of capital has had a direct impact on reserves.Proven and probablereserves at major gold miners have been in decline for years. the first case, Heliostar Mining (HSTR TSXv) purchased two mines for under $300 per producing ounce. So these two management teams bought their mines for SUPER CHEAP.
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