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Ann: Phosphate Fertilizer Project Update, page-303

  1. 14,010 Posts.
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    "Keep up with the misleading charts totally irrelevant"

    It's funny how relevant you thought the 3 year and 5 year lows and declining sp were while the sp was falling but now the charts are totally irrelevant and it's totally irrelevant that the sp is turning back up?

    Some here also said gaps needed to be filled on the way down. Negative news got those gaps get filled. Now I see gaps that need filling on the way up. Positive news should get those easily filled. The lower daily chart shows the first gap at 6.9c. The next gap is 9.2c. Fundamentals suggest far higher prices once in construction and then in production.

    Everyone will draw their own conclusions.

    MNB 3 year weekly chart.



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    MNB 6 Month daily chart.

    https://hotcopper.com.au/data/attachments/6222/6222052-0975bd78e763a17b35d999dd2722fbd8.jpg

 
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