Re: Everyone needs to RELAX!!!
in response to
by
posted on
Dec 03, 2008 05:10AM
bigphos,
The Mosaic announcement confirmed the average selling price for DAP during the quarter was within the Company's estimated guidance range of $1,020 to $1,080 per tonne.
With prices holding at that level and IFFCO waiting to take delivery of Legends phosphate we are situated quite well.
What you are asking for in an investors conf call "explain to shareholders exactly where we are in the plans which were previously outlined" is exactly what we have been asking the company to announce publicly for months.
We are entitled to know what the latest scoping survey found. Along with that information we need confirmation of the the companies progress in extending the rail tracks to the mining site and the Government's agreement to provide permits ... to start the production and delivery process by mid year 2009.
If the company confirms this, I for one will be happy to wait patiently for the stock to recover over the next 6 months.
But until the company confirms this, we need to make our demands as shareholders heard. We put our money on the line for the company, and we are entitled to communicate our information requests to the company by e mail and phone ...