GREY:MIGGF - Post by User
Post by
greeneggson Apr 23, 2009 11:47am
626 Views
Post# 15939311
Listen to POT conf call to get a handle on
Listen to POT conf call to get a handle onpotash pricing outlook and with it the all important chinese negotiations.
the underlying pot ash price doesn't make a diff to mgo in the long term, but if it drops it can cause a short term hit in terms of inventory which would translate into lower gross margins for a quarter. If such thing happens any stock price weakness will be a great opportunity to buy.
-What i am wondering in when we're going to see an announcment on a far east non-china plant. I wonder if the uncertainty in pot ash demand is holding things up. Although it should as it is a longterm investment.