TSXV:AAA.P - Post by User
Comment by
BillyJoneson Mar 19, 2014 10:19am
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Post# 22340447
RE:This should be the first greenfield project in 7 years
RE:This should be the first greenfield project in 7 yearsmaterialsgirl wrote: For some reason the majors in North America and in Europe do not seem to be attracted to Africa even though it seems like a no-brainer. See quote below from Tmomson Reuters a few days ago.
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It's also no sure bet when Africa's fast growth will translate into fertilizer demand.
"Africa will one day be a very important market. The issue is people have been saying that for 20 years," said Mosaic Chief Financial Officer Larry Stranghoener, on Wednesday, adding that his company has no plans to significantly invest there.