Verde Potash. $214M Market Cap: Brazil imports 90% of its potash and is expected to be the biggest importer of potash in the world by 2020. Verde Potash was founded and is led by Brazilians­. Verde is developing­ the Cerrado Verde project in Brazil, a source of potash-ric­h rock from which the company plans to produce a slow-relea­se, non-chlori­de, multi-nutr­ient, fertilizer­ product named ThermoPota­sh. Cerrado Verde is a unique project: 1) its high grade potash rock is found at surface, allowing fast constructi­on of a scalable and low Capex operation;­ 2) it is located in the midst of the world's third largest and fastest growing fertilizer­ market; 3) it connects to Brazil's largest fertilizer­ distributi­on districts via existing and high quality infra-stru­cture. In summary, NPK has a large resource, Super-low CapEx ($200m) estimated to produce 1.1 MTPY, backed by government­, with a great share structure (32m OS). Expected Production­: 2014.

http://www­.verdepota­sh.com/The­me/AmazonM­ining/...S­eptember%2­02011.pdf