The pre-tax PROFIT in 2015 was $69 million. You are confusing EBITA with pre-tax profit. China has massive phosphate reserves with the largest production in the world. There is a large phosphate mine down the road from where I live in Weeping Water. I do the inspections at that mine, I know the financials there and I can assure you, China Molybdenum was not after the phosphate at that mine with less than a decade of mine life.
You are doing everything you can to convince yourself that you need out of this investment, so just do it.