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Re: cl001 post# 250

Sunday, 12/23/2007 10:09:33 AM

Sunday, December 23, 2007 10:09:33 AM

Post# of 2300
Want to make a correction here, Belle Plain is not the largest potash mine of Mosaic, but the second largest. It is about 25% of Mosaic annual potash production.
According the last 10Q, Mosaic margin was about 30% at average 160/ton potash, so the cost was about ~100/ton. Now the potash is trading at 400/ton according to Kipp's source and 350/ton in China! Imagine how much profit these AG companies will make!


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