Ann: Full Year Statutory Accounts, page-10

Adam why do you consistently have a Sell rating on a stock that you have obviously not held for a protracted amount of time? Do you realise that this company is currently below cash backing, therefore attributing zero value to one of the biggest undeveloped phosphate projects in the world? And that there is a new technology that although slow in coming to market, is undoubtedly one of the biggest catalysts a company could possibly have have for a substantial re-rating? I suggest you get off your rocking chair, get over it and move on.