forlan read again , page-5

Cutsoduro

I was just a bit bored so I decided to read through this subject thread.

Firstly, some of the name calling is uncalled for from BOTH sides, so cool it guys.

Secondly you say: "I never made any assumptions about supply and demand."

Well I think obliquely you did when you said the following:

the worrying thing for phosphates is that if by the time some of these companies are ready to produce and the price drops by then (i said if) and lets remember also every week there seems to be more phosphate finds (or companies claiming they have some) will people still be keen to invest in phosphates?"

You clearly are speaking about more phospahte being produced, demand subsequently reducing, and hence reducing interest in the likes of POZ & MAK etc. No one is "misunderstanding" you, your post is clear.

Now that is your opinion and you are entitled to it ... but others are entitled to disagree with it, as they have done so. They have pointed out that companies with JORC compliant resources are the way to go. You deduction that POZ might drop at any time is valid, as no stock can continue to go vertical. But others have well ponted out that that it is early days with POZ, hence it might have more to go.

End of story as far as I am concerned.

As an aside, your starting a brand new thread to state you case raises some other questions about your motive .... I wwont go there though.

cheers