Once Wonarah underway with full financing & subsequent rail terminal => lower opex, you have a project with a 100 year mine life, attracting near 50%GM - I think it compares favourably with iron ore mining!
Overlayed with the following market dynamics -
* Wheat at over $7.30 / bushel CBOT.
* China potentially restricting fertiliser exports
* Russian wheat export bans in place till 2011.
* Vale reportedly launching an IPO for a fertiliser business.
* M&A activity in full swing - Agrium, AWB, Viterra, Graincorp, BHP/Potash Corp.
* Inventories of fertiler tight due to de-stocking post GFC - with an upturn in demand = further upwards price pressure.
DAP at $600 US - RP at $140US (slowest measure) and climbing.
All looking very bright IMHO.
Once Wonarah underway with full financing & subsequent rail...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AEV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $29.74M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $42.25K | 3.860M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3621810 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2103641 | 3 |
View Market Depth
| Last trade - 10.10am 06/08/2024 (20 minute delay) ? |
| AEV (ASX) Chart |