BMB balamara resources limited

indias phosphate / fertiliser use

  1. 1,190 Posts.
    So of the 3 finalists in the Togo tender there seems to be ourselves in a consortium including Nagarjuna Fertilisers, Gujarat State Fertilisers, Deepak, Minemarkers and others. Mainly Indian based except Aussie minemakers org.

    Second finalist is Elenitto from Israel who has teamed up with China's Wengfu Group

    The third is Singaporean and Indian group of Coromandel Int and Getax which is part of the Murugappa Group.

    The only significant change I have come across, and it does significantly improve our odds, is a change in the subsidy of fertiliser use in India.

    http://www.reuters.com/article/2014/05/22/us-india-fertilizers-idUSBREA4L15E20140522

    PS Dont tell the other BMB investors!!
 
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