TSXV:AAA.P - Post by User
Post by
sdomaeon Jul 30, 2013 1:33pm
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Post# 21639275
Spin or Realistic?
Spin or Realistic?
Edward Marlow, ’s chief executive, told Proactive Investors the news is good for low-cost producers as more farmers will be able to afford potash for fertilisers.
“For us in the Congo, it’s to our advantage because as potash becomes lower cost, demand grows exponentially,” he said.
“There are huge parts of the world that can’t afford to use it at the moment. If the price comes down and you are a low-cost producer, capacity is almost unlimited out there.”