FMJ fortis mining limited
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belarus potash

  1. Wiley Post
    14,281 Posts.
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    08/06/11
    14:00
    Post #: 8514152

    Thought this may interest potash people and which I found today on www.mining.com.
    Belarus is selling its most prized asset the potash producer Belaruskali, because it needs the money it seems.Bel is responsible for 1/3 of the world's potash fertiliser production and could be worth as much as $20 billion. The buyer could be Russia's top producer Uralkali owned by a consortium of Hong Kong and Chinese interests (sorry, joking - LOL - owned by billionaire Suleiman Kerimov).
    Makes one wonder why the Kaz potash FMJ wants to buy haven't been taken up by Suleiman et al.
    FMJ Price at posting: $1.60 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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