RE:Boom Bust Echo
Moonshot13 wrote: Owned this turd in 2012 during the potash boom. Then the bust. Rinse repeat. Company story was even bigger back then. The next Potash of Saskatchewan. Fertilizer was the new gold !!!and then it was over just like that in the commodity game. Good Luck. Remember your history.
I think most here are well aware of your transparent attempt at stirring up fear. But seriously...trying to recall Verde from 2012 and compare it to the current iteration is laughable. Conservative guidance is .50c at $500CFR on 700K tpa. Current list pricing for kforte is well above this with many farmers scrambling to lock in due to delivery uncertainty meaning 2022 is likely to prove another year where the company's revenue and tonnage sold guidance proves woefully conservative. If you're smart and lucky you'll cover at the recently created support zones which coincides with roughly a 12 p/e of 22 guidance.