Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Long live the King!

I don't want to be an echo chamber but again I have to second every word of Phosphate King's posting. It is good now and again for someone to switch on their economic sat nav and remind us all where we are. At $10 a share the company would be valued a around 1.7 billion = one year's potential profit according to the scoping study, if phosphate prices stay around current levels. Not to mention, as the king has, the other spin off benefits. The currrent relative drift in the price represents a rare oportunity to get on board, or add to positions. Yes, people can play the movements a bit, but they are like solid rocket boosters which usually wind up in the sea. I'm staying with the ship and we've going to the moon and beyond.

May the force be with us!

Goldigger

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Jul 14, 2008 12:36PM
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