still very cheap when you look at poz, page-25

There's enough known phosphate on the planet for a few hundred years

Spotted DG,

There is becoming an increasing belief that the planet doesn't have those reserves of PH. Don't know where you get that from?? I won't go into the Peak Phospherous theory as you should be up to speed with that as well by reading our posts. Peak Ph within 30 years they say.

I wonder when oil is going to drop back to $40 again??? It aint!

PH is aparently going to be the next gold actually alot more important than Gold due to the fact that we don't need Gold to eat.

The higher the importance and need of a company the higher the P/E should be.

There will be cycles however when will the uptrend stop for PH? Who know's. Keep in mind that the PH price can still double and the DAP producers will still be able to profit enormously, not as much as they are now though.

It is the PH producers who will hold the pricing power in the future due to the demand for the stuff so as the profit margins of IPL drop to a degree the profit margins for MAK will rise significantly.

Champ