Hi westmount. I see phosphate being weak into next year unless a...

Hi westmount. I see phosphate being weak into next year unless a major geopolitical situation disrupts supply. Events out of left field are always a possibility. On the consumption side the world will continue to use more fertiliser so demand will gradually soak up supply IMO. Generally speaking the whole sector has been unloved for a while now but will have it's day in the sun again at some point so getting the project going at price cycle lows may be perfect timing. I'm with you, all things considered this is worth a punt.