An article in today's Sunday Telegraph on the 'top 10 speccie stock tips under $1.00' was very interesting indeed. Phosphate and potash had a big mention & by extention so did MAK & RWD.
While he recommended 2 other stocks, the writer makes a good plug for fertiliser stocks, and uses the RWD & MAK projects as benchmarks for other specs.
Great stuff ... Some pertinant bits:
"Speccies, as they're known in the industry, are usually little-known companies that have the potential to grow into something huge, with generous dividends and table-thumping profit growth .... Here, in no particular order, are some of the best speculative stocks under $1, as suggested by the analysts.
2 SOUTH BOULDER MINES (STB) 25.5c
The directors of South Boulder Mines saw the writing on the wall earlier than most.
They forgot about gold and nickel and went hunting for phosphate and potash, securing the Lake Disappointment East Potash project -- conveniently located next to Reward Minerals' JORC-compliant, 27-million-onne potash resource.
A classic case of "near-ology", or a potential windfall?
Wise-owl analysts believe the latter and say the market's insatiable appetite for fertiliser stocks will drag South Boulder into the stratosphere if it delivers a resource.
"It has a similar story to Reward Minerals, which has gone absolutely ballistic in the past few months," Wise-owl equities analyst Imran Valibhoy says.
"It's still in the early stages, but we feel these guys really do have the potential to become quite a big player in the market."
10 PHOSPHATE AUSTRALIA (POZ) 57c
Timing is everything. This tiny company made its ASX debut last week to much fanfare, thanks to the market's love of anything that even looks like phosphate.
It has large land holdings throughout the rich Georgina Basin, bordering the property of Minemaker's JORC-compliant phosphate resource.
"It's early days, but we love anything to do with potash and phosphate at the moment," the Melbourne analyst says."