PRG 0.00% $1.03 prl global ltd

What is the future is the direction of CII?

  1. 300 Posts.
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    Lots of cash !

    The directors need to very carefully consider the best option for the use of the of cash - maybe the cash should returned to shareholders, or a buy back considered. Dividends have been poor .

    Phosphate mining to continues as there is a continuing demand for phosphate for agriculture , big market in Australia .

    What is the maximum life of phosphate mining on Christmas Island? Will the closing of reduction in migrant accommodation allow more land to be mined for phosphates ?

    The best business is the business the company knows!
 
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