Field trip to Aguia's Phosphate Operation Opening

The bear trend in the gold price gathered momentum last week with a heavy sell off on Friday. As night follows day, there will be further selling of gold equities this week. Where should the money go to next? You could do worse than switching to a new fertiliser stock.
I spent last week inspecting Aguia's Tres Estradas Phosphate Mine and the Cacaparva processing plant in Brazil. My written commentary will be limited to that visit. As a prelude, I will say that I was very pleased with what I saw and I have come back with more enthusiasm than previously, owing to the excellent progress that has been achieved. This looks like a great growth story.

At Aguia, we are seeing that management is delivering. It is now all about high profit margins and selecting the optimum growth path over coming years. Capital payback is ridiculously short. Technical risk is almost non-existent. Management risk should no longer be seen as an issue. Financial risk is circumvented through tiny, almost non-existent debt. Commodity risk can never be eliminated but it is manageable, and it is currently working in the Company's favour. How many more ticks do you need to see before you get on board for a long term, highly profitable phosphate producer? 

 WeeklyComm6June2026.pdf