Intrepid Potash’s Cash Flow Is Getting Hard To Ignore
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It is an exciting time to be an Intrepid Potash (IPI) shareholder. After years of decline and stagnation, the company’s bottom line has turned around in a big way. IPI generated $17 million of free cash flow in Q1 and is on track to double that number in Q2.
IPI’s water business has gotten a lot of attention over the last three years, but it is the potash and TRIO segments that are bringing in the cash today. The rise in cash flow has come from…