Takeover Potential: Judge halts expansion of Mosaic mine in Florida

Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Phosphate King

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Takeover Potential: Judge halts expansion of Mosaic mine in Florida

in response to

Judge halts expansion of Mosaic mine in Florida

AGORACOM

posted on Aug 04, 2010 05:53PM

This is awesome news for Legend!

If Mosaic finds themselves short of Phosphates two things could happen:

1. Price of Phosphates may rise - law of supply and demand!

2. Legend may become a serious target for acquisition by Mosaic!

There may be other scenarios as well, but these two are my favorites.

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