OTCPK:SPVEF - Post by User
Comment by
ArtBechsteinon May 26, 2008 1:57am
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Post# 15108795
RE: Phosphate JV in Yichang
RE: Phosphate JV in YichangI own BlueChemical shares because it is a great company with a great exposure to the fertilizer market. They produce urea from natural gas that the purchase at very favourable conditions from their mother company CNOOC. Additionally they are amongst they few privileged companies wth an export license. Next step is to secure Phosphate in order to broanden the production base for compound fertilizer. Spot on Phosphate but I sold my Spur position some weeks ago.
Art
Remember my eMail in Dec 2007 to you on MAK.AX and their Wonarah Phosphate deposit in Australia?