200M pa before tax in earnings from phosphate is what is driving the share price as the currentr market cap isn't even close to 1 years earnings lol
This is the mother of all re-ratings.
Bring on a speeding ticket and I'd be happy to reply to the ASX myself.
The funny thing is, by the time we get to production I doubt phosphate will be at $200 per tonne, I think it will be higher. So that 200m could easily be $300m+. I wonder what that would do to the share price lol
Am I ramping?
Well Yellowcake did say DAP was going up 30% from memory.
If everything travels smoothly....$5 by Xmas 2008 and what a merry one that would be.
I only got in last week, but picked up most of my MAKO at 48c and 55c. Congrats to the early birds.
Those newbies that come on and there will be many of them for the next 2 years, I'll give you a hint...Tibbs, Yellowcake, DBK and there are others are people worth listening to
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