Re: Last three posts Very interesting trends and so hard to know what to think. Is china delaying long term commitment to canpotex to leave room for junior developments, and more power over production? Certainly are investing tantalizing amounts in many places. Could some crazy merger deal sweep in and move this project forward?
Then again, Volume vs Demand; how much is too much or is it highly overestimated? Hard to say… In spite of world wide glut of production potential, is china trying to gain control over the production of their piece of the pie? Price stability; lower than hoped but steady and good-enough for a reasonable return?
Only thing certain in my mind is 2014 will be a dynamic year with lots of activity in potash. Should see things settle out a bit. I guess my bet is still, wpx will come out on top!