With the recent action by Sinosteel likely more indicative of softening in demand for iron ore, you wouldn't hang your hat on an MOU with NMDC if you were an iron ore junior. In MAK's and NMDC's MOU case, given the pull out of Tunisian phosphate and the increasing cost of the Indian fertilizer subsidy program, I think it is fair to say even with all the uncertainty out there in credit markets, India has no choice but to open up a new phosphate province through MAK.
US$200 rock phosphate is just around the corner given the recent price action in phosphoric acid, DAP and MAP markets.
rana som interview, page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AEV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.04M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $45.08K | 4.508M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5366617 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2054015 | 3 |
View Market Depth
| Last trade - 13.25pm 07/08/2024 (20 minute delay) ? |
| AEV (ASX) Chart |