AEV 11.1% 1.0¢ avenira limited

phosphate rock world production and reserves, page-3

  1. 1,771 Posts.
    Key points you miss out are:
    1) China produced more rock phosphate in 2007 than in 2006 (5 million tonnes more) and 'they are still curbing exports and will be net importers in the future (not in the report but reported elsewhere'.
    2) China's reserves are effectively off the market (1/3 of world reserves). Where will people who purchased China's phosphates turn to?
    3) If the take China's growth in production out of the equation last year...rock phosphate production was static world wide.
    3) Doesn't take into account the trend effect of biofuels.
    4) US production of rock phosphate has gone down 5 years in a row and based on their existing reserves they will run out in 40 years!
    5) The report also states they have no 'stockpiles' and there is no alternative for phosphorous.
 
watchlist Created with Sketch. Add AEV (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $27.04M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $26.86K 2.706M

Buyers (Bids)

No. Vol. Price($)
4 3701653 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 83356 1
View Market Depth
Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
AEV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.