I assume you guys are keeping an eye on the Phosphate market prices. I'm surprised how strong it is and I was there in the 2008 boom (and bust). However, I expect ARU will be able to deal into some of the price strength above the $90/ tonne I think they have in their long-term feasibility modelling. Even if the price we receive is a result of inflation (including gas prices) that's still helpful as it's really a by-product. Albeit I saw it as a handy oen when I invested. For instance, I'd rather have access to phos acid from ARU than what Avenira is trying to do.
All IMVHO
General Discussion, page-802
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