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I recently raised the issue of falling phosphate prices in the...

  1. riiz06
    32 Posts.
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    24/04/24
    10:44
    Post #: 73492670
    I recently raised the issue of falling phosphate prices in the other thread.
    the price per tonne is about $230 AUD.. the op cost they can reach is between 160 - 180 aud as per the qtrly report. then u have shipping and other overhead cost on top of it. So i see a razor thin margin at full production.

    I have been keenly watching this but not yet ready to jump until the phosphate prices increase.
    any thoughts?
    CXM Price at posting: 5.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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