I think that it's important that people also realise that BHP states that they preferred Potash over Phosphate LAST YEAR! Now considering the fact that Rock Phosphate has soared from around $70 last year to US $350-$400 this year which changes the whole picture dramatically i wouldn't at all be surprised to see BHP buy up a Rock Phosphate company as well at some stage? Mind you whether they do or not isn't a concern of mine for MAK as we all know that MAK is going ot be a huge winner on the Rock Phosphate front.
Definately all good for RWD though as it shows that they have confidence in the Potash price going higher probably for a longer period of time.
I'm still in both RWD and MAK so it all sounds great!
Champ
RWD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
