AMZ: Knocking on Brazil's Door

ROBERT WINSLOW, Wellington West Capital Markets (04/06/2011)
"Amazon Mining's proposed verdete slate mine in Minas Gerais, Brazil (the Cerrado Verde Potash Project) could provide the feedstock for a unique TK fertilizer operation. We believe Brazil's domestic potash demand will continue to expand, driven by an ag-centric economy and reliance on expensive imports, supporting demand for TK, which appears to have slow-release and other agronomic benefits compared to conventional KCl. . .strong global and Brazilian agricultural fundamentals open the door for a low-cost domestic potash producer to succeed in Brazil's growing market."

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