GREY:MIGGF - Post by User
Comment by
souwesteron Feb 10, 2011 7:51pm
431 Views
Post# 18113309
RE: RE: RE: Natural gas
RE: RE: RE: Natural gasI tend to think there has been a paradigm shift in natural gas, and it will now be more plentiful, permanently, due to new methods. Of course, that can create new demand as people convert to benefit from plentiful supply, which could drive up the price.
Does Migao use natural gas to power its operations, or in the actual manufacture of the fertilizer? If just to power, then other sources of energy could be used.
The whole NG discussion is just a sidetrack. The main point, IMHO: food and agriculture are the last things to go. Over time, Migao will just pass on the costs. The demand for fertilizer will be there. Next quarter will be very good, even better than this one. (Indeed, this quarter was very good also).