https://blog.metalpilot.com/tags/potash/ Recent content in Potash on Metal Pilot Blog Hugo en Copyright © 2026, Metal Pilot Tue, 25 Aug 2026 12:00:00 +0200 https://blog.metalpilot.com/analyses/mosaic-mos/ Tue, 25 Aug 2026 12:00:00 +0200 https://blog.metalpilot.com/analyses/mosaic-mos/ <blockquote> <p><strong>Analysis as of 25 August 2026.</strong> A point-in-time snapshot, not an evergreen guide. Fundamentals come from Mosaic&rsquo;s 2025 Form 10-K (year ended 31 December 2025) and its full-year 2025 results released 24 February 2026. Market data is as of the NYSE close on <strong>24 August 2026 ($24.39)</strong>. <strong>Rating: ★★★½, Solid — Modestly undervalued (wide band) → re-rating candidate: cheap, and the catalyst is free-cash-flow recovery.</strong> <strong>Price deck:</strong> the model&rsquo;s swing input is Mosaic&rsquo;s realised <strong>potash (MOP) net selling price</strong>, on a US$50/t grid — base <strong>US$250/t</strong>, bear <strong>US$200/t</strong>, deep bear <strong>US$150/t</strong> (the reversion case), bull <strong>US$300/t</strong>, deep bull <strong>US$350/t</strong>; a group target <strong>EV/EBITDA of 6.0×</strong> anchors the relative work. <strong>All figures are US dollars</strong> — Mosaic reports in USD. Refreshed on each annual report and on material events. For information only, prepared with AI assistance — see the disclaimer at the end.</p> https://blog.metalpilot.com/analyses/nutrien-ntr/ Tue, 25 Aug 2026 11:00:00 +0200 https://blog.metalpilot.com/analyses/nutrien-ntr/ <blockquote> <p><strong>Analysis as of 25 August 2026.</strong> A point-in-time snapshot, not an evergreen guide. Fundamentals come from Nutrien&rsquo;s 2025 Annual Information Form (year ended 31 December 2025) and its full-year 2025 results released 10 February 2026. Market data is as of the NYSE close on <strong>24 August 2026 ($75.82)</strong>. <strong>Rating: ★★★★, Solid — Fairly valued (wide band) → priced about right: a best-in-class franchise trading close to fair value; the edge is a catalyst.</strong> <strong>Price deck:</strong> the model&rsquo;s swing input is Nutrien&rsquo;s own realised <strong>potash net selling price</strong> (a mine-gate netback, not the delivered retail price), on a US$50/t grid — base <strong>US$250/t</strong> (2025 realised ~US$252/t, held on the grid), bear <strong>US$200/t</strong>, deep bear <strong>US$150/t</strong> (the reversion case), bull <strong>US$300/t</strong>, deep bull <strong>US$350/t</strong>; a group target <strong>EV/EBITDA of 7.75×</strong> anchors the relative work. <strong>All figures are US dollars</strong> — Nutrien reports in USD. Refreshed on each annual report and on material events. For information only, prepared with AI assistance — see the disclaimer at the end.</p>