Been a long time since have posted on this forum. Those following in 07 would remember the heady days of Minemakers and the global fertilizer stock boom. Same thing happening again right now except this time around we look like actually realising some real shortages in product for farmers.
A $10mill MC for Australia's largest undeveloped phosphate resource is a fair punt in this market. Pay out the Chinese loan sharks and get the resource into capable hands. The spike on Friday has caught the attention of the trading frats.
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