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Wainui

1,652 Posts.

33

20/07/16

09:37

Post #: 18313710
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Originally posted by rwa ↑

All I did was agree with WC but you didn't say hes a peanut but me. A lot of animosity towards me for some reason. Not sure why I give blood I donate to camp quality im a good guy but I've got to admit I've made the fatal mistake Ive disagreed with you. All my past post have been consistent. I feel Potash has a great future. I believe the success of elm and dnk have no baring on each other there's room for both if both get the correct funding. I believe there will be a lot of funding problems with dnk going forward. As much as people want to be positive about there own shares my contacts that have been working in Africa for 3 decades still believe Eritrea has more problems then most. Eritrea is attractive to the Chinese because that suits the chinese. The chinese are like an alien race they come into these countries bring there own people take the land and leave with a lot of broken promises. As opposed to ROC that is very French, get billions of dollars in French subsidies for opening mines and starting business and employ local people. For someone that does a lot of research you go on and on about china because obviously you see the population and put 2 and 2 together. But large percentages of chinese land will never be farmed. In Potash terms china and india together are the Atlantaic strip of potash but Brazil is the Vegas. Brazil is in a direct line with no stops from ROC. Do you know how the Chinese are buying up land in Australia? Well there buying up land in Brazil currently 12 times more then Australia. Brazil currently consume 45% of the worlds potash and the Swiis based World economic indicator says Brazil will be consuming 65% of the worlds Potash by 2024. SOP/MOP sure one is a higher price one you sell more of. One requires you to buy once every 5 years one your required to buy once very 2 years. There are so many fundamentals that you are oblivious to but that's your right. Not that its all about fundamentals as Buffet says the world actually runs on sentiment not fundamentals. Anyway heres to DNK and ELM both being the 2 most low cost Potash mines in the world and together dominating the Potash markets for the next 50 years.

Peanut signing out...

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unless your contacts have worked in Eritrea they probably haven't got a clue. Nevsun shareholders would be a better reference.

DNK Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
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