I enjoy your comments and found the article ElZorro refered to in post No.6 most interesting.
Chris Castle has certainly stuck with it and like you wish him good luck.
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Chris Castle's investment philosophy is best summed up as "getting small is better".
He loves share prices to be as low as could possibly be so that the %tage movements allows __________
(you can fill in the rest).
What a joke!
I hear what you are saying about Chris Castle but i think this venture has a huge future when it gets traction and not just for CRP but for NZ Agriculture and the economy as a whole. I think WID may have a little holding in this venture as well not to be over looked.
A great article is one that stands the test of time
You notice lately the use of the phrase " Cash is Trash" is becoming widespread once again......
How easy it is for generations... including Directors (with the best intentions in mind?) to repeat history over and over again. Just one big cycle..mistake.. learn.. forget..make same mistake again.. learn ..forget......make same mistake again.............and those famous mythical words.."but it's different this time"...
When this current situation goes "pop" Those words of wisdom mentioned within that article will return'''''
What does failure teach you?
Cash is king
Wait till after the elections.
I'm picking on the off chance a Labour/Greens Coalition form the next Government CRP will be more or less screwed.
Does have alot of potential though.
Binary... that's the most rubbish post this year.. The Greens will love CRP... low cadmium, no carbon freight cost .. most of our phosphate comes from Morocco.... huge freight costs.............. more jobs for Kiwis with CRP... if your going to post on this forum... don't insult the rest of us with stupid comments... as for Labour getting on the front bench... just a pack of Hobbitt hating hypocritical lying inarticulate losers... David Shearer.. nice guy.. but Prime Minister really !
Binary, don't worry mate, you won't hold that mantle for too long...it's only January 18thQuote:
Binary... that's the most rubbish post this year
chin up
I struggle to comprehend a world where the Greens would "love" farmers use of fertilizers. In their backward existence the fact farmers need phosphate suggests the land is being overused. Couple this with the environmental damage caused by mining and the Greens resistance to anything that improves the economy at the expense of the environment, I would still imagine a Labour/Greens coalition would be terrible for CRP.
That and the fact that CRP have based profitability on very rough estimations on how much mine-able phosphate exists I would suggest it is fairly risky at its current price.
Also, usually 1 full stop is sufficient.