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Port Of Tauranga Ord Shs T.POT


Primary Symbol: PTAUF

Industrials
Port of Tauranga Limited is a New Zealand-based company that carries out business through the provision of wharf facilities, land, and buildings, for the storage and transit of import and export cargo, berthage, cranes, tugs, and pilot services for customers. It operates in three segments: Port operations, Property services, and Terminal services. The Port operations segment consists of providing and managing port services, and cargo handling facilities through the Port of Tauranga, MetroPort, and Timaru Container Terminal. The Property services segment consist of consists of managing and maintaining the Port’s property assets. The Terminal services segment consists of the contracted terminal operations, general container marshalling and ancillary services of Quality Marshalling (Mount Maunganui) Limited (Quality Marshalling). It provides customers with supply chains through investment in regional feeder ports and inland freight hubs.


OTCPK:PTAUF - Post by User

Port Of Tauranga Ord Shs
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Post by bigtime333on Jul 13, 2010 8:45pm
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Post# 17267129

here is the text

here is the text

Mosaic (MOS-NYSE) announced it may have to close its 6M tonnes/year South Fort Meade phosphate rock mine

due to a lawsuit by the Sierra Club and People for Protecting Peace River Florida. MOS' fell 8% yesterday on the

news. The SFM mine is 37% of MOS' N.A. phosphate rock capacity. MOS has had similar lawsuits in the past and

has been successful, although the lawsuit process has caused delays. The IFA estimates global phosphate rock

capacity at 190M tonnes. The mine closure would slightly benefit phosphate rock prices, and integrated phosphate

mines over non-integrated mines. Phosphate represents 15% of CF's gross margin, 10% of POT's and 5% of AGU's.

If the South Fort Meade phosphate rock mine were to close, the benefit to POT would be more than to AGU long term

as AGU is scheduling to replace its Kapuskasing phosphate rock with phosphate rock imports. Scotia Capital

continues to recommend overweighting fertilizer stocks.

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