Not that many left for sale, page-13

http://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvQkMO4Qy1pmGBsplJ2/k=

The table will help you with phosphate explorers. Add PWN and ftz. It is very hard to compare as Mnb trying to get 100 per cent of project , mak buying new project for 100 million shares. Plus they are all targeting different phosphate products meaning different capex npv and irr values. The only stock with the exact product is PWN but then mineralogy is different.

Potash stocks have had their runs for 6 months. Maybe it is time for phosphate stocks to join the party?

Then again this AGR move could be stock specific. IMO I think it is a phosphate sector move. The fact that mak has appointed Eddie sugar supports the view that phosphate is going to be a good theme.