TSXV:AAA.P - Post by User
Post by
Fertimanon Nov 27, 2014 3:06pm
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Post# 23171900
Uralkali - Stay tuned...
Uralkali - Stay tuned...With the high level of water inflow that Uralkali has, it’s hard to imagine the mine will survive,Elena Sakhnova, an analyst at VTB Capital in Moscow, said today. Its still possible that Uralkali will be able to mine some volumes during winter but the question of flooding may be back on the table when spring thaws come.
https://www.bloomberg.com/news/2014-11-25/uralkali-may-backfill-dangerous-areas-of-potash-mine-correct-.html
IMO POT should do well with this. Also we will see much tighter supplies of MOP if shipments continue to be in the 60mmt / yr mark.