it all comes back to economics,it comes down to how many tonnes,...

it all comes back to economics,

it comes down to how many tonnes, and what profit margin.

and maybe how long to pay capex back.

that's it.

bulk commodity, doesnt matter whether its coal, iron ore, or rp.

If there is longevity, then you can slap a pe of 8 or so on it, and arrive at the target mc.

I'm going out on an unusual limb here, from my more bullish self, just to ask a question.

What i think remains in the fogged clouds is the long term RP price. Are we really convinced that for the last 20+ years, RP has been cheap, and then of a sudden, we had the spike to 500/t, and then the collapse.

What is right?

AD said we have had a 20% bounce off lows, ie 90 go to 110-120.

The question i have, is, why the spike to 500/t? was it a one off, and is this a true recovery in rp to reflect a genuine support for that unusual rise, or was it a one off, and we are jst going back to long term lows.

Yes the world needs to eat, all that, but so it did 5 years ago.

Wars, famine, pestillence, sterility, aids, and even corruption, and greed, (try and get a starving nation fed, and all you end up with is the red cross parcels getting hoarded by those with the military hardware) all have their dent in demand, and are all factors in why rp was sustainably low.

Bullish, Bio fuels are the other side to the coin, and a new source for demand.

Contamination of other deposits remains a bullish thought for MAK.

I would like to see a full anatomy to explain the SP rise and fall, and where its headed.

Who knows?

Does the world, just run out of usable land, and that is the limit?

A civilisation is limited to its agricultural abilty to feed itself.

In time, you can develope more supply, to bring the costs down, but you cant increase the available land, (not without other environmental issues)

There is no certainty here.