Continues to show strength. Big buy line came in to support at...

Continues to show strength. Big buy line came in to support at 1.85 for most of the day. I continue to hold, will collect the divi and maintain target of 2.20+

Re phosphate price - in 2013 there was a surge in fertiliser demand with agricultural boom, hence demand for phosphate went up as well as price. Since then more phosphate mines have come online and the demand:supply equation re-balanced. I can't see any dramatic change in phosphate price over the medium term but CII remains profitable at current spot price and $AUD