MOS & POT are significant potash stocks with less exposure to finished phosphates. I'm watching Legend as a better comparison. Their performance is more aligned to MAKs. I'm not sure if any of the North African producers are listed (in Europe?) so haven't been able to compare their performance. Despite Legends cash backing and significant investors their SP is flat like MAKs.
I think we all agree that a sustained increase in the price of phosphate products will be necessary to seriously improve MAKs price.
AEV Price at posting:
46.4¢ Sentiment: Hold Disclosure: Held
