flick15,
Wow, probably the best snippet of info on potash I have ever read. Thanks for posting.
I have come to the conclusion that it is a bubble. Earnings of all the big fertiliser companies are at unbelievable records, but I still think the demand from India and China isn't there. They aren't growing in a hurry. There diets aren't changing. Biofuels is a scam. The riots aren't real, just made up by the media. These latest contract price increases up to $1000 tonne won't actually increase earnings for the potash producers. They are just an imaginery made-up number. It doesn't make undeveloped JORC compliant potash resources attractive. Financials are a much safer bet in this market IMO.
Got any good stock tips?
Cheers
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Mkt cap ! $12.24M | |||
| Open | High | Low | Value | Volume |
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