AEV 0.00% 0.4¢ avenira limited

bby, page-80

  1. 1,517 Posts.
    USA is a large producer of RP with a fair bit of it
    being mined at 15% P205 so the beneficiated cost per
    tonne will be quite high.
    You have to also remember that cost of RP did nothing
    for 20 years until recently so if you look inflation
    over that period RP in real terms has not increased
    much.
    I expect RP prices going forward will be strongly
    alligned with world food prices for which there is
    a very bullish case to be made.
 
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