Here is a theory that I will give the kiss of death.
We all know that Agriculture commodities were going gangbusters before the GFC. The bubble burst and prices plummeted. The floor has been established and prices are on the rise again.
One would assume with rising grain and fertilizer prices timed well with a mine coming on line in 9ish months (according to the company) that the SP will turn and rise to bubble-valued prices.
If this Agricultural sunami is really going to happen then now would be the time to wax up your boards and take a punt.
The big down side to this company is the delay in the BFS leaving unknown quantities still up in the air. When the BFS is out then all of the speculating can be put to one side. Buying in before this is pure speculation, but I'm willing to take a punt because I'm young and dumb and still have all my fingertips (yet to be burnt, but I know its coming)
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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4 | 2096000 | 0.009 |
2 | 204999 | 0.008 |
3 | 1400000 | 0.007 |
6 | 11255000 | 0.006 |
Price($) | Vol. | No. |
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0.012 | 1778342 | 8 |
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