MNB minbos resources limited

When the Russian invasion of Ukraine first happened the...

  1. 765 Posts.
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    When the Russian invasion of Ukraine first happened the fertilizer prices went nuts as sanctions on Russian fertilizer production took hold on global markets. Now it's looking like it's going to happen again. Iran has ceased production on all 7 large fertilizer plants. If Minbos can get this next stage finance sorted in the next few weeks we could see a very large re-rate. Will be interesting to see what the fertilizer prices come in at over the next month. Keep in mind Israel and Iran hate each other and this war has only just got started. This issue isn't going away any time soon.
    https://hotcopper.com.au/data/attachments/7071/7071543-9f5dae74259f2e90e13ce839fccf07d2.jpg
    Last edited by Timdonny: Yesterday, 20:37
 
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