M1972

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    • Wed Jun 18th 08:05 AM | Rating: 0 0
      Commented on:
      CF Industries: A Fertilizer Company That Doesn't Stink
      It is understandable for the ferts stocks prices to have risen over the past year or so, as most of the fertilizer products have tripled/quadrupled in price. However, there is a serious lull in the current ferts markets. Phosphate prices have receded to the tune of $70 pmt, urea has come off from record highs a few months ago, MOP prices have been stagnating with new spot sales no longer being concluded at $100 pmt increments. It is tough to see what today's hype in ferts stocks are all about. One explanation is the lack of alternative investment targets. Financials? Real Estate? Consumer Staples? Technology? I did not think so either...
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    • Thu Apr 17th 11:16 AM | Rating: 0 0
      Commented on:
      12 Potash Companies Sprinting Ahead
      "When the mine [in Democratic Republic of Congo] reaches full capacity, it should have annual production of 500,000 lbs. of KCl. "

      500,000lbs is 250st per annum, which is slightly more than what I can dig on my back yard in a span of one year. At USD600/st the mine's turnover would be $150,000 per annum. Perhaps it's a typo; lbs should be mt?
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