TSXV:EPO.H - Post by User
Comment by
Alpha101on Apr 05, 2017 8:50am
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Post# 26078053
RE:RE:RE:RE:RE:RE:India subsidy for potash.
RE:RE:RE:RE:RE:RE:India subsidy for potash.I tried to answer your post but it's clear you have no understanding of the company because your questions are silly. If you were seriously interested, you'd know that Encanto management is negotiating with a potash producer. Part of that negotiation will be Encanto's brokerage fees. Short answer: We don't know what it will be....we'll have to wait until they complete the negotiations and tell us.
The NACOF arrangement if an exclusive deal because we have a signed, legally binding contract with them so, if they don't accept the potash, they have to pay anyway. That's what a legally binding contract means. It is exclusive!
The MMTC agreement seems to be secure agreement between two willing partners who spent years negotiating an acceptable arrangement. For whatever reason, both NACOF and MMTC have decided to work exclusively with EPO.
You think they can't negotiate a contract with a producer? That boggles my mind. Stavros has negotiated with governments in 2 countries, major companies, FN bands and lord knows who else. You really question his ability to negotiate a contract with a potash producer who wants to sell potash to India? I won't tell you what I think of that. Yes I will.....it's just plain stupid!
In summary, I think you need to do some research and educate yourself before asking ridiculous questions like "what will their margin be?". Even people who only discovered the company yesterday know we're all waiting for that number!
There, I answered your questions. Now you're going on ignore because I don't have time for stupid questions.