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clock Created with Sketch. 23/03/21
09:17
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Originally posted by colloid:
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From my understanding the EU currently imports the majority of its potash from Russia and to a lesser extent Canada, which means they're paying a premium for taxes and transport compared to what would be achieved once the DAV mines are up and running in the eurozone. Because of the lower commodity prices associated with DAVs deposits, they could stay ahead of any competition posed by those companies outside of europe. In saying that however, potash prices are on their way up and will likely trend upwards over the coming years however I don't have a current forcast for this on hand, so you might have to do a bit of a search around. You could probably search tradedemon's post history to find it.
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what I wonder is how SP will perform over the next 2 years.. will it grow organically off the back of lead up announcements to operation or will it remain flat and unrewarding until DAV are actually generating a profit..
