RE: Better bet?28 Mar 2022 16:22
OOsahare.lol
I'm rather impressed you have the time to look over my back posts. Thank you. However, you failed to find a post of mine saying posters here should sell, which you stated that I had done. ahh diddums. Please post accurate info. in future, as difficult as that may be for you.
Now you and Mr Jinx, are typical of 'herd' mentality in that you failed to see the point ( along with 7 other Herd members) of the post stating facts about a dozen or more Potash mines, that will undoubtedly bring fertilizer to the market before EML. Now there is a business philosophy revolving about supply and demand. The recent price increases in Potash is a prime example. The war in Ukraine and sanctions have made Potash less available ( the supply element), and hence price increases since the demand remains stable. Capiche so far. Now imagine if you can, the reverse of this, when there is substantially more Potash, with a similar demand as before ( notwithstading a percentage increase in demand due to more crops being planted), then there will be an oversupply of Potash, which will result in a decreased Potash price . I'm not surprised that both of you, and 7 other Herd members fail to realise this, since it did not express a rabid belief in Potash prices inexorably rising ad infinitum, or throwing glowing comments on the EML management. I am not a 'Lone 'wolf' since there are a few others here who share my sentiments about the tardy information process of this management team. I am def. not a herd member since I have the ability to think for myself. You should try it sometime, you may, or may not be surprised. I am still 'in pocket' with EML but prefer my position of 'risk assessed ' as to being 'exposed' if s**i hits the fan with no EISA. My comment that EML is a 'better bet' was somewhat ill timed, since its SP has doubled in recent weeks.