Posted Jun 19, 2014, 3:09 PM
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Registered User
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Join Date: Jan 2008
Posts: 7,981
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The FNA N plant is a very much a long shot. They need to raise another $1.62B! It would be tough for the Government to give them money as Yara has wants to expand the existing plant next door. Picking winners and losers is expressly contrary to the Government's policy.
Further their stated goal is to drive down the price of N for farmers. That is a tough business model.
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