longevity of phosphate boom, page-3

Clotski i like to compare it to oil, the easy stuff ie land based, resonable shallow water, has in general been exploited
Now thanks to the increase in price of oil, its cost effective to look at tar sands shale oil and deep water drilling

Phosphate is the same with prices rising, uneconomical deposits think under 18% are now worth a go

I also think the morrocans and saudis are smart enough not to flood the market with over production, just look at opec, they have got us by the balls and will start squeezing and they know it.

Little old MAK will seem incosequential in the scheme of things good for us hopefully, but as big a threat to morroco as woodside petroleum is to opec