This article on St**khead just came out:
Barry FitzGerald: Fertiliser price spikes point to hunger games kick-off, and these 5 ASX stocks are primed to benefit
Now I don't know how the five are sorted, but Highfield is top of the list:HIGHFIELD (ASX:HFR): Trading at $1.09 for a market cap of $397 million. Garimpeiro mentioned Highfield back on December 11 when it was 58c. Canaccord has a $1.56 price target on the stock as European food and nutrient security comes into sharp focus.
It has been a long road for the company to secure approvals/financing for its Muga project in northern Spain but the end is in sight, with a final investment decision likely mid-2022.
It is a low capital intensity muriate of potash project (MOP, potassium chloride for broadacre corps like wheat, corn and soy) capable of throwing off serious earnings at much lower long-term price expectations. Watch out if current prices get baked on.
Exciting times.
Figaro
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...THE FINAL STRETCH AND IS EXPECTED TO BEGIN WORKS DURING THIS SUMMER, page-9
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Last
33.3¢ |
Change
-0.003(0.75%) |
Mkt cap ! $131.3M |
Open | High | Low | Value | Volume |
33.5¢ | 33.5¢ | 33.0¢ | $31.58K | 94.57K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 133773 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 90570 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 133773 | 0.330 |
2 | 55000 | 0.320 |
3 | 24000 | 0.315 |
2 | 6450 | 0.310 |
2 | 26666 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 90570 | 5 |
0.350 | 52100 | 2 |
0.360 | 10000 | 1 |
0.365 | 750 | 1 |
0.370 | 27637 | 1 |
Last trade - 12.10pm 07/08/2024 (20 minute delay) ? |
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HFR (ASX) Chart |