Ash and Bitzer and others,
thanks for the replies, that was exactly the type of feedback I wanted, but what else would you expect from the well reasoned posters on EXM!! I guess I was venting frustration at the 1.0c mark today before going to work.
btw, I'm not surprised to see that Jenny123 has been suspended temporarily.
Ash, I have been out on a farm east of Perth today working on a tv programme. Let me tell you, as an ex international fertiliser trader and area manager for a local producer/distributor, I have never seen farmers hurting as much from input costs. I mean WOW. When i was trading and selling DAP/MAP, MOP, urea, rock, amsul etc, the prices were WAY down. This is a fantastic market for the fert producers. I can remember the long road to production that the Duchess deposit (the QLD phos deposit that is now feeding local DAP production) took to production as I was working for the co that bought, developed and produced the first Aussie DAP ever. And that was at prices way lower than today.
I just hope MAK can find a market, and that the deposit is suitable to easy benefaction and commercialisation. There are enough worldwide producers of ammonium phosphate ferts
But to bring it back to EXM, all this global volatility is a positive in the long term, except for any required cap raising... And wouldn't it be funny to see trains of rock leaving Tennant Creek with EXM's copper...
I just would love to see some positive movement in the sp for a change!
I will hold and moan, but I still sleep soundly at night, which would be hard I guess Bitzer, if I was chasing short term gains in this market!
Cheers and bring it on (eventually!)
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