pink sheet

its not out yet but this will be the address for the next pink sheet due out either today or tomorrow morning,

http://siteresources.worldbank.org/INTDAILYPROSPECTS/Resources/Pnk_0809.pdf

You can also go to the world bank home page here to either download it one its ready in PDF or Excel format,

http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTDECPROSPECTS/0,,contentMDK:21148472~menuPK:556802~pagePK:64165401~piPK:64165026~theSitePK:476883,00.html

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now remember MAK announced yesterday that at current prices RP is well above our OPEX, i have and many others have spoke about our freight advantage to our neighbours one being the Kiwis. So one would assume they have already been in talks on a price with the kiwis to ensure future profitability.

Remember the leaps and bounds of early 2008 when RP started its northward march. MAK has proven its a volitile stock both on the way up and down, i just feel there is too much upside now to the whole project to see any further downside, yes there will probably be some once the SPP is all wraped up, but if so it will rise again, production is now under 12months away.

My sediment is still hold and will remain at hold until confirmation of the increase in RP which is due out today or tomorrow, i stated this a few months back. All my research leads to an increase from fert week and other sources, but the pink sheet seems to be what most people are going off these days.

harry out