Brazillian fertilizer prices have come off highs in the last two months and a lot of this is due to demand destruction because of the extraordinarily high prices of the various types of fertilizer.
The current prices of potash are still orders of magnitude above what Aguia used in its TEPP project modeling.
As I mentioned earlier the project economics must be looking very sweet now.
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- Ann: Favourable First Instance Decision in TEPP Legal Proceedings
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