TSXV:AAA.P - Post by User
Comment by
wpf1on Sep 24, 2012 2:30pm
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Post# 20407634
RE: Richard is doing a great job.
RE: Richard is doing a great job. And as for a future glut of potash, Kelertas says this, “We have a lot of evidence that suggests to us that the market will be a lot tighter over the next five years. As projects are getting delayed and postponed, downsized or even abandoned, we don’t think we’re going to have that serious of an oversupply issue.
Even the guys that own the industry get it wrong....2.7 coming online just from potash corp
| Standard Capacity Expansion | 2.7 MMT |
| Total Project Spending (estimate)(1) | $2.8 billion |
| Remaining Spending (estimate)(1) | $1.01 billion |
| Construction Started | 2008 |
| Estimated Construction Completion | 2014 |
You think pot corp is just going to sit Idly...whilst they can`t sell their production after 2.8 billion dollar expenditure
I think Richard is paid to say this...so his credibility is about as good as whatchamicallit...small...uuuhhh...clap...uuhhhh u know