Comments on this forum should never be taken as investment advice.
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#1
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Bromby is on the Phosphate wagon
Peak Phosphate is a term that is about to become a couple of words that you, the public, are going to see a lot in the near future. As Robin Bromby points out in today's The Australian China has whacked a large tariff on its Phosphate exports and that probably means that most countries will be unable to continue to bolster their supplies from China. And as their is
NO KNOWN SUBSTITUTE FOR PHOSPHATE IN AGRICULTURE
we are looking at a very interesting investment opportunity. The trick for us in Australia is to find ASX listed companies with direct shipping ore (DSO) that are on the verge of becoming producers. Australia has quite a nuber of companies with some potential Phosphate resources and several with proven deposits. www.Australian-Phosphate.com has the info.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
#2
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Phospate is plentiful
Minemakers (MAK) are about to start up thier mine which will supply the worlrd trade 3 times over if they so chose... which they won't. If they are smart they will supply just enough to keep the phospate price up.
Peak Phospate is as silly a term as Tiger Woods being a faithful husband... not based on reality.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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