DOCSLIB.ORG

UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2020 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-34025 INTREPID POTASH, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 26-1501877 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 1001 17th Street, Suite 1050 Denver, Colorado 80202 (Address of principal executive offices) (Zip Code) (303) 296-3006 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.001 per share IPI New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No x Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ☐ No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files.) Yes x No ☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filer ☐ Accelerated filer x Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrants have filed reports on and attestations to management's assessment of the effectiveness of internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. x Indicate by check mark whether the registrant is a shell company (as defined by Rule 12b-2 of the Act). Yes ☐ No x The aggregate market value of the registrant's common stock held by non-affiliates of the registrant, based upon the closing sale price of the common stock on June 30, 2020, the last trading day of the registrant's most recently completed second fiscal quarter, of $9.90 per share as reported on the New York Stock Exchange was $81 million. Shares of common stock held by each director and executive officer and by each person who owns 10% or more of the registrant's outstanding common stock and is believed by the registrant to be in a control position were excluded. The determination of affiliate status for this purpose is not a conclusive determination of affiliate status for any other purposes. As of February 24, 2021, the registrant had 13,412,036 shares of common stock, par value $0.001, outstanding. DOCUMENTS INCORPORATED BY REFERENCE Table of Contents Certain information required by Items 10, 11, 12, 13 and 14 of Part III is incorporated by reference from portions of the registrant's definitive proxy statement relating to its 2021 annual meeting of stockholders to be filed within 120 days after December 31, 2020. Table of Contents INTREPID POTASH, INC. TABLE OF CONTENTS Page PART I 1 Item 1. Business 2 Item 1A. Risk Factors 13 Item 1B. Unresolved Staff Comments 26 Item 2. Properties 26 Item 3. Legal Proceedings 35 Item 4. Mine Safety Disclosures 35 PART II 36 Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 36 Item 6. Selected Financial Data 38 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 39 Item 7A. Quantitative and Qualitative Disclosures About Market Risk 54 Item 8. Financial Statements and Supplementary Data 56 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 88 Item 9A. Controls and Procedures 88 Item 9B. Other Information 89 PART III 90 Item 10. Directors, Executive Officers and Corporate Governance 90 Item 11. Executive Compensation 90 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 90 Item 13. Certain Relationships and Related Transactions, and Director Independence 90 Item 14. Principal Accounting Fees and Services 90 PART IV 91 Item 15. Exhibits, Financial Statement Schedules 91 Item 16. Form 10-K Summary 93 Signatures 94 Table of Contents PART I Unless the context otherwise requires, the following definitions apply throughout this Annual Report on Form 10-K: • "Intrepid," "our," "we," or "us" means Intrepid Potash, Inc. and its consolidated subsidiaries. • "East," "North," and "HB" mean our three operating facilities in Carlsbad, New Mexico. "Moab" means our operating facility in Moab, Utah. "Wendover" means our operating facility in Wendover, Utah. "West" means our previous operating facility in Carlsbad, New Mexico, which was placed in care-and-maintenance mode in mid‑2016. "Intrepid South" refers to certain land, water rights, and other related assets in southeast New Mexico we acquired from Dinwiddie Cattle Company in May 2019. You can find more information about our facilities in Item 2 of this Annual Report on Form 10-K. • "Ton" means a short ton, or a measurement of mass equal to 2,000 pounds. To supplement our consolidated financial statements, which are presented in this Annual Report on Form 10-K and which are prepared and presented in accordance with generally accepted accounting principles ("GAAP"), we use "average net realized sales price per ton," which is a non‑GAAP financial measure to monitor and evaluate our performance. You can find more information about average net realized sales price per ton, including a reconciliation of this measure to the most comparable GAAP measure, in Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations under the heading "Non-GAAP Financial Measure." CAUTIONARY NOTE REGARDING FORWARD‑LOOKING STATEMENTS This Annual Report on Form 10-K contains forward‑looking statements within the meaning of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Securities Act of 1933, as amended. These forward‑looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements in this Annual Report on Form 10-K other than statements of historical fact are forward‑looking statements. Forward-looking statements include statements about our future results of operations and financial position, our business strategy and plans, and our objectives for future operations, among other things. In some cases, you can identify these statements by forward‑looking words, such as "estimate," "expect," "anticipate," "project," "plan," "intend," "believe," "forecast," "foresee," "likely," "may," "should," "goal," "target," "might," "will," "could," "predict," and "continue." Forward‑looking statements are only predictions based on our current knowledge, expectations, and projections about future events. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, which are described in Item 1A. Risk Factors in this Annual Report on Form 10-K. In addition, new risks emerge from time to time. It is not possible for our management to predict all risks that may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, the future events and trends discussed in this Annual Report on Form 10-K may not occur and actual results could differ materially and adversely from those anticipated or implied in these forward-looking statements. As a result, you should not place undue reliance on these forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, except as required by law. 1 Table of Contents ITEM 1. BUSINESS General We are a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed and the oil and gas industry. We are the only U.S. producer of muriate of potash (sometimes referred to as potassium chloride or potash), which is applied as an essential nutrient for healthy crop development, utilized in several industrial applications, and used as an ingredient in animal feed. In addition, we produce a specialty fertilizer, Trio®, which delivers three key nutrients, potassium, magnesium, and sulfate, in a single particle. We also provide water, magnesium chloride, brine and various oilfield products and services. Our extraction and production operations are conducted entirely in the continental United States. We produce potash from three solution mining facilities: our HB solution mine in Carlsbad, New Mexico, our solution mine in Moab, Utah and our brine recovery mine in Wendover, Utah.
Load more

Recommended publications
  • Preliminary Final
    BLM HB In-Situ Solution Mine Project Record of Decision Carlsbad Field Office , New Mexico March 2012 DOI-BLM-NM-P020-2011-498-EIS BLM Mission Statement The Bureau of Land Management is responsible for stewardship of our public lands. The BLM is committed to manage, protect and improve these lands in a manner to serve the needs of the American people. Management is based upon the principles of multiple use and sustained yield of our nation's resources within a framework of environmental responsibility and scientific technology. These resources include recreation, rangelands, timber, minerals, watershed, fish and wildlife habitat, wilderness, air and scenic quality, as well as scientific and cultural values. Cover photo captions: • Top photo: View from Tower Hill looking north to the location of proposed evaporation ponds. • Lower left: Harvesting potash precipitated from evaporation ponds. Courtesy of Intrepid Potash. • Lower right: Ore pillar crushing out after second mining completed. Ore in the crushed out pillar is the primary ore target for the solution mine. Courtesy of Intrepid Potash. HB In-Situ Solution Mine Project Record of Decision BLM Carlsbad Acronyms and Abbreviations BLM Bureau of Land Management CFR Code of Federal Regulations EIS Environmental Impact Statement FLPMA Federal Land Policy and Management Act of 1976 Intrepid Intrepid Potash, Inc. MLA Mineral Leasing Act of 1920, as amended NEPA National Environmental Policy Act NMED New Mexico Environment Department NOA Notice of Availability OHV off-highway vehicle RMP Resource Management Plan ROW right-of-way SPA Secretary’s Potash Area USC United States Code USFWS U.S. Fish and Wildlife Service AA-1 HB In-Situ Solution Mine Project Record of Decision BLM Carlsbad Contents 1.0 Introduction ................................................................................................................................................
    [Show full text]
  • Mining Methods for Potash
    Potash—A Vital Agricultural Nutrient Sourced from Geologic Deposits Open File Report 2016–1167 U.S. Department of the Interior U.S. Geological Survey Cover. Photos of underground mining operations, Carlsbad, New Mexico, Intrepid Potash Company, Carlsbad West Mine. Potash—A Vital Agricultural Nutrient Sourced from Geologic Deposits By Douglas B. Yager Open File Report 2016–1167 U.S. Department of the Interior U.S. Geological Survey U.S. Department of the Interior SALLY JEWELL, Secretary U.S. Geological Survey Suzette M. Kimball, Director U.S. Geological Survey, Reston, Virginia: 2016 For more information on the USGS—the Federal source for science about the Earth, its natural and living resources, natural hazards, and the environment—visit http://www.usgs.gov or call 1–888–ASK–USGS. For an overview of USGS information products, including maps, imagery, and publications, visit http://store.usgs.gov/. Any use of trade, firm, or product names is for descriptive purposes only and does not imply endorsement by the U.S. Government. Although this information product, for the most part, is in the public domain, it also may contain copyrighted materials as noted in the text. Permission to reproduce copyrighted items must be secured from the copyright owner. Suggested citation: Yager, D.B., 2016, Potash—A vital agricultural nutrient sourced from geologic deposits: U.S. Geological Survey Open- File Report 2016–1167, 28 p., https://doi.org/10.3133/ofr20161167. ISSN 0196-1497 (print) ISSN 2331-1258 (online) ISBN 978-1-4113-4101-2 iii Acknowledgments The author wishes to thank Joseph Havasi of Compass Minerals for a surface tour of their Great Salt Lake operations.
    [Show full text]
  • Knowledge, Norms and Preferences for Tamarisk Management in the Green and Colorado River Corridors of the Colorado Plateau
    Utah State University DigitalCommons@USU All Graduate Theses and Dissertations Graduate Studies 5-2012 Knowledge, Norms and Preferences for Tamarisk Management in the Green and Colorado River Corridors of the Colorado Plateau E. Clay Allred Utah State University Follow this and additional works at: https://digitalcommons.usu.edu/etd Part of the Finance and Financial Management Commons Recommended Citation Allred, E. Clay, "Knowledge, Norms and Preferences for Tamarisk Management in the Green and Colorado River Corridors of the Colorado Plateau" (2012). All Graduate Theses and Dissertations. 1224. https://digitalcommons.usu.edu/etd/1224 This Thesis is brought to you for free and open access by the Graduate Studies at DigitalCommons@USU. It has been accepted for inclusion in All Graduate Theses and Dissertations by an authorized administrator of DigitalCommons@USU. For more information, please contact digitalcommons@usu.edu. KNOWLEDGE, NORMS AND PREFERENCES FOR TAMARISK MANAGEMENT IN THE GREEN AND COLORADO RIVER CORRIDORS OF THE COLORADO PLATEAU by E. Clay Allred A thesis submitted in partial fulfillment of the requirements for the degree of MASTER OF SCIENCE in Recreation Resource Management Approved: ____________________ ____________________ Dr. Robyn L. Ceurvorst Dr. Mark W. Brunson Major Professor Committee Member ___________________ ____________________ Dr. Mark E. Miller Dr. Mark L. McLellan Committee Member Vice President of Research and Dean of the School of Graduate Studies UTAH STATE UNIVERSITY Logan, Utah 2012 ii Copyright © Edwin Clay Allred 2012 All Rights Reserved iii ABSTRACT Knowledge, Norms and Preferences for Tamarisk Management in the Green and Colorado River Corridors of the Colorado Plateau by E. Clay Allred, Master of Science Utah State University, 2012 Major Professor: Dr.
    [Show full text]
  • United States Securities and Exchange Commission Form
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ FORM 10-Q _______________________________________________________ x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2016 or ¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to ______ Commission File Number: 001-34025 INTREPID POTASH, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 26-1501877 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 707 17th Street, Suite 4200, Denver, Colorado 80202 (Address of principal executive offices) (Zip Code) (303) 296-3006 (Registrant’s telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files.) Yes x No ¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ FORM 10-K _______________________________________________________ x Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2012 or ¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-34025 INTREPID POTASH, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 26-1501877 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 707 17th Street, Suite 4200, Denver, Colorado 80202 (Address of principal executive offices) (Zip Code) (303) 296-3006 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, par value $0.001 per share New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No ¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ¨ No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Reasonably Foreseeable Development (RFD) Scenario for Potash in the Moab Master Leasing Plan Area (MMLPA), BLM Canyon Country District
    RFD Scenario for Potash in the MMLPA, BLM Canyon Country District TABLE OF CONTENTS I. SUMMARY............................................................................................................................................... - 1 - II. INTRODUCTION .................................................................................................................................... - 3 - III. DESCRIPTION OF THE GEOLOGY PERTAINING TO POTASH RESOURCES ....................... - 4 - IV. PAST AND PRESENT POTASH EXPLORATION ACTIVITIY ...................................................... - 5 - V. PAST AND PRESENT POTASH DEVELOPMENT ACTIVITY ...................................................... - 7 - Conflicts with other Mineral Development ............................................................................................. - 8 - Known Potash Leasing Areas (KPLAs) and Leasing Activity ................................................................ - 9 - VI. POTASH OCCURRENCE POTENTIAL.............................................................................................. - 9 - VII. POTASH DEVELOPMENT POTENTIAL ......................................................................................... - 11 - VIII. RFD BASELINE SCENARIO ASSUMPTIONS ................................................................................. - 12 - Potash Market ...................................................................................................................................... - 12 - Projections for Exploration Drilling
    [Show full text]
  • Intrepid Potash, Inc. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): August 15, 2012 Intrepid Potash, Inc. (Exact name of registrant as specified in its charter) Delaware 001-34025 26-1501877 (State or other jurisdiction (Commission (IRS employer of incorporation) file number) identification no.) 707 17th Street, Suite 4200 Denver, Colorado 80202 (Address of principal executive offices, including zip code) (303) 296-3006 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below): o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 210.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 7.01. Regulation FD Disclosure. On August 15, 2012, Intrepid Potash, Inc. (“ Intrepid,” “we,” “us,” or “our”) updated its investor presentation materials. A copy of these materials is furnished as Exhibit 99.1 to this report. We use these materials from time to time in our conversations with investors, analysts, and other interested parties. In addition, we will make the following investor presentation that will be webcast publicly: · Bank of America Merrill Lynch 2012 Industrials & Materials Conference Thursday, September 6, 2012, at 8:00 a.m.
    [Show full text]
  • INTREPID POTASH 2008 Annual Report Intrepid Potash, Inc
    INTREPID POTASH Unique Products, Unique Properties Intrepid Potash, Inc. 707 Seventeenth Street Suite 4200 Denver, CO 80202 tel: (303) 296-3006 2008 Annual Report 2008 www.intrepidpotash.com 2008 Annual Report Intrepid Potash,Financial Highlights Inc. Intrepid CorporatePotash, Information Inc. Stock Exchange Listing Certifications Common Stock Listed and Traded on: The most recent certifications by our Chief Executive Officer The New York Stock Exchange and Chief Financial Officer, pursuant to Section 302 of the NYSE Symbol – IPI Sarbanes-Oxley Act of 2002, are filed as exhibits to our Form 10-K. Transfer Agent and Registrar for Common Stock Computershare Trust Company Forward-looking Statements 250 Royall Street Any forward-looking statements about the Company’s outlook Canton, MA 02021 and prospects contained in this Annual Report are subject to toll-free: (800) 962-4284 risks and uncertainties, as described in materials filed with tel: (303) 262-0600 the Securities and Exchange Commission from time to time, www.computershare.com including the “Risk Factors” section of our 10-K dated March 6, 2009. Auditors KPMG LLP 707 Seventeenth Street Suite 2700 Denver, CO 80202 Investor Relations Additional information, including an Investor Package may be obtained from: Intrepid Potash, Inc. William I. Kent, Director of Investor Relations 707 Seventeenth Street Suite 4200 Denver, CO 80202 info@intrepidpotash.com or visit our website at www.intrepidpotash.com Table of Contents Intrepid’s Advantages...........................................................................
    [Show full text]
  • 4.0 Environmental Effects
    HB In-Situ Solution Mine Project EIS BLM Carlsbad 4.0 Environmental Effects 4.1 Introduction This chapter presents the analysis of impacts for each resource that would be affected by the proposed project. Each section provides an overview of the issues identified during public scoping as well as during discussions with BLM staff and interviews with industry and local community representatives. Each section summarizes the method of analysis including the type of information used and the assumptions made during the impact analysis, then describes the projected analysis of impacts for each alternative in as much detail as possible. Resources were evaluated according to the available data, so some discussions are based on qualitative information and some on more detailed quantitative data that was prepared for the project or acquired from other sources. Impact analysis assumes that the applicant-committed environmental protection measures and those required by the BLM would be successfully implemented. It is also assumed that the proponent, Intrepid Potash, would comply with state and federal regulations that are applicable to the project. Each section identifies key points on which the determination of the significance of impacts is based, recommends mitigation measures where appropriate to minimize potentially significant or important impacts, then provides a brief comparison of impacts under each alternative. Residual impacts are those that would remain after environmental protection measures, recommended mitigation measures, and compliance with laws and regulations are completed if impacts cannot be fully avoided or mitigated. No impacts from the proposed solution mining project have been identified that would affect operations or land at WIPP, so it will not be discussed further in this chapter.
    [Show full text]
  • Past, Present and Future
    summer 2008 New Mexico Potash—Past, Present, and Future Potash is the general term for natural and production and supplied 19 percent of the than the long-term average of $120 per manufactured water-soluble compounds potash used in the U.S. Most potash used metric ton. In 2008 potash prices are of potassium in combination with in the U.S. today, however, is imported already in excess of $500 per metric ton. magnesium, sodium, chloride, sulfate, and from Saskatchewan, Canada. nitrate. Potash is used directly or indirectly Imports from Canada, Belarus, and History of Potash Production in by everyone every day because it is an Russia, declining reserves and grades, New Mexico essential element in plant and animal life. and increasing mining, transport, and Potash was originally leached from heated Most potash is used in fertilizer (potassium environmental costs have caused a decline pots of wood ash, hence the name. Large- is the “K” in the “NPK” fertilizer rating, in the number of potash producers in scale potash use started in Germany in along with nitrogen, N, and phosphorus, 1859. The United States potash industry P). Therefore, potash markets closely was initiated during World War I as the parallel agricultural supply and demand. result of a German embargo that drove The remainder is used in chemicals and prices above $450 per metric ton. Wartime pharmaceuticals, salt substitutes, soap, potash (used in the manufacture of matches, glass, and storage batteries. gunpowder) was produced at more than a New Mexico potash production is in an hundred plants throughout the U.S., each area that covers about 425 square miles with very small output.
    [Show full text]
  • Intrepid Potash, Inc. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Earliest Event Reported: May 18, 2011 Intrepid Potash, Inc. (Exact name of registrant as specified in its charter) Delaware 001-34025 26-1501877 (State or other jurisdiction (Commission (IRS employer of incorporation) file number) identification no.) 707 17th Street, Suite 4200 Denver, Colorado 80202 (Address of principal executive offices, including zip code) (303) 296-3006 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below): o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 210.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 7.01 Regulation FD Disclosure On May 18, 2011, Intrepid Potash, Inc. released an updated investor presentation. A copy of the presentation is furnished as Exhibit 99.1 to this Current Report on Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
    [Show full text]
  • Intrepid Potash, Inc. (IPI)
    Intrepid Potash, Inc. (IPI) 10-K Annual report pursuant to section 13 and 15(d) Filed on 02/24/2011 Filed Period 12/31/2010 Use these links to rapidly review the document TABLE OF CONTENTS Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ý Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2010 or o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-34025 INTREPID POTASH, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 26-1501877 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 707 17th Street, Suite 4200, Denver, Colorado 80202 (Address of principal executive offices) (Zip Code) (303) 296-3006 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, par value $0.001 per share New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ý No o Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes o No ý Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]