RE:NoIt means that someone is, again, using the media to make a smal fortune. Remember, SAU is not the only mine affected by the ban. These news "reports" result in masssive swings in an entire industry. This time it was more than one newspaper that reported a possible lifting, guess they need to suck in more sheep, er investors.
That's why I posted, well in advance i might add, to take profits, can't trust them. If the rumours were true, SAU would be about 25 cents, and in a straight line up. So play their game with them, buy when its low, sell at least some on the surges.
I've been saying for years now that inflation would be a huge problem. Now, even when its apparent, no one understands how bad it will be. The PH, like all emerging markets, will be bending over backwards to sell every commodity they can because their poor will be unable to feed themselves, and the govt massively in debt. But it may take months, even years, so be patient, play with what you can lose and take some profits.
Cheers,
Rob