Investor Presentation | Diggers & Dealers Mining Forum 2017 slide image

Investor Presentation | Diggers & Dealers Mining Forum 2017

SOP prices are incentivising new production... agrimin ➤ Prices for standard SOP products are currently US$500/t Potash Prices for Last 20 Years $1,200 $1,100 ➤ Since 2000, SOP demand growth has been 5.0% per year, compared to MOP demand growth of 2.3% $1,000 $900 $800 Price $700 ➤ Robust outlook for SOP prices is supported by: (US$/t) $600 $500 1. Increasing consumption of high value crops 2. Changing food production practices $400 $300 $200 $100 $0 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 Constrained supply from the Mannheim Process SOP Price (Standard Spot, FOB NW Europe) - MOP Price (Standard Spot, FOB Vancouver) 4. Limited options globally for new large-scale supply Investor Presentation | Diggers & Dealers Mining Forum 2017 Source: Fertecon Limited 13
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