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20/11/22
18:37
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Originally posted by HairyRichard:
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Unless I'm missing something CXM aren't on track to give shareholders inter-generational wealth. Let's be realistic here. CXM could push a $500m+ market cap based on the current plan and pricing. Provided the world can be convinced to turn to phosphate rock rather than synthetics and CXM execute a few takeover bids for good quality assets then we could see something bigger than a very good investment. However the takeover bid route would be a few years away yet I would think. This does look like a solid 3-5 year timeframe investment where your money could work very hard for you.
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"phosphate rock rather than synthetics" phosphate is phosphate, you can not make it only mine it.