Yes agreed 20c ($50M MC) next port of call - next year will be very interesting with further exploration works with their other Copper projects commencing January and of course production and sales coming in from the phosphate so a rerate is imminent. They are well placed, having a monopoly in the industry being the 1st phosphate producer in Brazil which is the LARGEST Agribusiness exporter on the planet. All customers right on their door step too, fantastic low cost high profitability operation should help the company grow with minimal dilution and the ability to make other investments to push the SP higher in future.
AGR Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
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