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The Company through its subsidiaries is a producer and marketer of inorganic mineral products with manufacturing sites in North America and the United Kingdom.
HUGE sell-off after news of the potash cartel model falling apart. My initial reaction is that the market's reaction is way overdone. Sulfate of potash accounts for only about 25% of CMP's revenue and about 33% of profits. The rest of its business is rock salt and it essentially performs like an stable, growing annuity. A ~25% drop implies that the potash segment of the business is essentially worthless in the future. I disagree.
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