naja, der wert wurde aber auch runtergeprügelt.ich denke das ist erst der anfang.wir hatten hier schon meldungen von 500% in 3 jahren.im moment liegen wir bei ca. 100-150% vom tiefpunkt.ich könnte mir locker 100 euro cent fürs erste vorstellen. und wenn dann produziert wird und die prognosen stimmen, na dann hat es ian mc donald wieder geschafft, der kluge hund.
ja, da hast Du schon recht, aber eine Übernahme wäre meiner Meinung nach wahrscheinlicher. Der steigende Kurs und die Bestätigung der Studien locken doch potenzielle Käufer reihenweise an. Schaun wir mal... Könnte hier recht schnell weiter nach oben gehen... Nur meine Meinung....
: Cormark Starts Stock Coverage on Stonegate Agricom
Posted by LUSA Staff on Jan 29th, 2013
Cormark initiated coverage on shares of Stonegate Agricom (TSE: ST) in a research note issued on Tuesday. The firm set a “buy” rating on the stock.
Separately, analysts at Stonecap Securities raised their price target on shares of Stonegate Agricom from $1.50 to $1.65 in a research note to investors on Tuesday, December 11th. They now have an “outperform” rating on the stock.
Stonegate Agricom traded up 5.13% on Tuesday, hitting $0.82. Stonegate Agricom has a 52-week low of $0.32 and a 52-week high of $0.85. The stock’s 50-day moving average is currently $0.67. The company’s market cap is $118.4 million.
Stonegate Agricom Ltd. is engaged in the business of acquiring, exploring and developing agricultural nutrient projects
Potash producers will maintain their discipline and good margins despite falling crop prices. And, as for rare earths, the greatest market will ? notwithstanding patterns of growth ? still be in the lights but it will be the heavies that make more money. These are among the predictions in a new report from Goldman Sachs, Mining Commodities: The focus shifts to the supply side.
The overall message in the report is that, as demand growth remains lacklustre, and several commodity markets move into surplus, the timing and scale of future supply response becomes the main decider as to when prices make their recovery. On the other hand, Goldman thinks the present cycle is near its bottom and some prices will have overshot on the downside. This report also contains comments on potash and rare earths.
In the short term, Goldman expects attempts by producers to exercise their bargaining power to try and secure higher prices will be met with strong push-back from buyers against a backdrop of a strong harvest, rising grain stocks and soft crop prices.
Looking beyond the current crop cycle, the analysts expect prices to average $520/tonne over 2015-17, equivalent to a ~70% premium over the estimated $300/tonne estimate of marginal production costs. Longer term, the emergence of new players is seen as driving prices to converge around $475/tonne.
But potash has done not too badly.
Historically, as Goldman points out, food prices have been strongly correlated with fertilizer prices Yet, since 2000, the IMF Food Index has risen by 177% while potash prices rose by 273%. The index surged at the beginning of 2008, helping to spark the big rally in potash prices that year. Then the GFC saw food prices come off, with potash following back down.
However, it?s the discipline of the industry which has brought about such high potash margins in recent years and Goldman believes that will hold until 2020. After all, the potash industry has high barriers to entry with high capital costs at about $1,000/tonne for new production capacity; also just three countries account for 60% of global production.
As for demand, emerging markets increasingly dominate the scene. China uses 20% of the world?s output of potash, followed by Brazil with 15% and India 8%. By contrast, the U.S. consumes 15%, the European Union 11%, and with the remainder split among the rest of the world.
On a day when its stock rose 20%, Stonegate Agricom Ltd. (TSX: T.ST) President and Chief Executive Officer Mark Ashcroft said he sees the company as a potential target for big players who are seeking a secure supply a phosphate, a key fertilizer ingredient.
Stonegate is working to develop its flagship Paris Hills Phosphate Project in Idaho. The aim is to have a mining permit by the end of 2014, a milestone that would set the stage of development of a one million tonne-per-year mine that is expected to cost about $140 million.
?We will have fully permitted reserves within the continental United States by the end of this year, with low capital expenditures and a proven mining method,?? Ashcroft told Stockhouse during an interview, Tuesday.
?So absolutely we could be a [takeover] candidate.??
Still, Ascroft said he couldn?t comment on the reason for the activity in the stock, which traded at 21 cents Tuesday, leaving a market cap of $40.8 million, based on 194.2 million shares outstanding. The 52-week range is 45 cents and 12.5 cents.
Brian Ostroff, the Managing Director of Windermere Capital, a Montreal-based private equity fund, which holds shares in Stonegate, said he couldn?t offer any reason for the stock price rally. ...
Ashcroft said Paris Hills is the highest grade Phos Rock project in the Americas. The company will extract the rock by entering the side of a hill and utilizing room and pillar mining methods. The rock will be conveyed to the surface and put in a storage location.
As a result, surface disturbance will be minimal and the grade is sufficiently high that the company hopes to be able to sell the raw material without the use of a mill or concentrator.
Meanwhile, the company is working to secure offtake agreement with end users in the North American fertilizer sector.
?We are looking at existing fertilizer manufacturers who will need a new source of rock supply in the future,?? Ascroft said.
Financing for the $140 million project is expected to involve a combination of debt and equipment leasing.
?But one of the aspects that lease providers and debt providers are going to want to see is an offtake agreement,?? he said.
?We are working on both concurrently. Once we have concluded the offtake and the sale of the product, then we will finalize discussion on debt and leasing financing. I think we will get combination of debt and leasing in the neighbourhood of $120 million.??
The balance would likely be comprised of a $20 milllion ?equity plug.??
Ashcroft said the company could start breaking ground as soon as the permits are awarded.
Stonegate Agricom Ltd. ("Stonegate" or the "Company") (TSX: ST, ST.WT.A) today announced that Mark N. J. Ashcroft has resigned from the positions of President, Chief Executive Officer and Director of the Company. We thank Mark for his contribution.
The Company intends to name a new CEO in the near future. In the interim, Co-Chairmen Ian J. McDonald and Kerry J. Knoll, who co-founded Stonegate, will jointly carry out CEO responsibilities.
Permitting work for the Company's Paris Hills Phosphate Project in Idaho will continue to be under the leadership of James Geyer, Vice President North America of Stonegate and President of Paris Hills Agricom Inc., and David Kramer, General Manager, Paris Hills Agricom Inc. Both executives have extensive experience in the permitting, construction, start-up and operations management of underground mines.