FMJ fortis mining limited
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defplayerThat would have to be one of the most baseless...

  1. Andrew1234
    5,879 Posts.
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    21/02/11
    13:09
    Post #: 7925772
    defplayer

    That would have to be one of the most baseless downramps I have ever heard.

    I am all for any negative fundamental facts, if they are but how on earth can you look at an estimate of $25 per tonne for 600km and then assume that it would cost $250 per tonne becauase it is 3,000 + 2,000 kms?

    And what would be the problem with spending the $25 per tonne to take it to port and ship it to China?

    Potash is over $400 per tonne and expecting to rise, so there are some margins in there are there not?
    FMJ Price at posting: $1.24 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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