Interesting points here.
There have been several fertilizer and phosphate conferences this year, I can count at least 2 that AD has been to.
MAK has written in their investor preso "NO MAJOR NEW PHOSPHATE MINES KNOWN/PLANNED" If this is incorrect then the ASX would surely have been all over him.
How is it that Morocco can be talking about doubling their RP production and the world doesn't know about it, just a few of the inside guys. The reports from Mosaic and the like overseas are quite bullish on the short term RP price, have they also been profoundly misled like Murdoch on OneTel?
We are talking about MAK constructing a mine in less than 2 years, quicker than Legend who still haven't put together a plan on getting started and we are led to believe that there will be a doubling of capacity that no one will notice, even after the Jordanians backed out of their contracts because they couldn't produce at their signed prices...
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