it looks like this particular mine represents roughly a third of MOS phosphate assets. right now the stock is priced as if it already lost the court case. peruvian mine should offset the potential loss at this mine. keep in mind while the market is recovering, the ag market isn't anywhere near as robust as it was a few years ago. reminds me of what AGU went through w/ Egypt about 24 mos ago. so extrapolate any PPS loss over the outstanding 444 MM shares, or the 128 MM float, and i think you could be looking at 10-15 cents maybe.
Here's some "local color" from a local newspaper on the issue. Nothing new, really, just a local take. Since Cargill entered the picture, they are pretty tight-lipped about giving out any info to the locals on company issues. Most of it has to come from the national press.
To make a statement that the company should retain the employees and pass the losses to shareholders is a statement that shows just how stupid they are - truly sickening. Lets drag our country down and provide benefits to everyone, issue more debt with no means to pay it back, etc. This country is getting to a point of no return - pathetic.
The Sierra Club thinks Mosaic should not lay off any workers. Keep them employed at a mine with no rock production. Sounds like the government.
Someone is destroying the country, but it's not capitalism.
Our standard of living is equal to what we produce. If we don't produce it, we can't consume it.
What does the government produce (paper, rules, red tape)? If you put a million people to work for the government, they produce nothing, but the real workers must give them some of their standard of living.