Posted On: 07/28/2014 1:08:51 PM
Post# of 8059
plus the july 2012 mex pres elections were contested to the supreme court -thus freezing permits etc- many forget these companies have to deal w these unexpected never before seen hostile mr murphy in overdrive real world conditions -so cwrn had all that extra cost and could not sell fert due to govt freeze up followed by a lame duck govt to dec 2012 -so u can start to piece the conditions that hurt operations-w geo reportedly allegedly withholding and commingling millions from the shipments-and at that time iron had fallen to an 18 month low of 87 also -and they knew at that time it would recover to 125 plus as it did -recovered to 140 by end of that yr
Posted On: 09/08/2012 4:39:24 AM
Posted By: Bingo
The Fertilizer has the highest element at Fe, thus it is considered Iron Ore, the export permit was issued for China only, have to add U.S.A. ; however, as simple as that may sound, it’s a Nightmare.. New change in the Government is taking place now after the election and nothing is getting done… Working on it.. The fertilizer has 3 times more value than the Grade A iron for the Steel Mills at current market conditions, ..
Posted On: 09/08/2012 4:39:24 AM
Posted By: Bingo
The Fertilizer has the highest element at Fe, thus it is considered Iron Ore, the export permit was issued for China only, have to add U.S.A. ; however, as simple as that may sound, it’s a Nightmare.. New change in the Government is taking place now after the election and nothing is getting done… Working on it.. The fertilizer has 3 times more value than the Grade A iron for the Steel Mills at current market conditions, ..
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