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Ann: Phosphate Fertilizer Project Update, page-412

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    '"It wasn't so much to show that Minbos was doing better, it was to show how bad the market was and still is for the micro cap sector."

    An index is better for this purpose, not cherry picking a few individual examples. You conveniently and consistently not raised the fact that Minbos has underperformed the micro cap sector return.
 
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