Yep only in Australia can you buy commodity companies at such discounts, the instos don't have the courage to buy so its left to the retail to knock them about on absolutely minimal volumes.
Re STB back of the envelope calc 105mill tonnes at $490 Potash price = $50bn in the ground value.
Australia might as well put up a sign for China, "for sale commodity cos going cheap."
Ann: Colluli Potash Resource Upgrade , page-7
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)