Phosphate

http://www.proactiveinvestors.com.au/companies/news/14534/celamin-holdings-major-holder-lion-selection-acquires-more-shares-in-african-phosphate-play-14534.html

When someone with a deep pocket moves into a small miner, suddenly everyone notices it and everyone wants a bite of the cherry too. Irrespective of how the markets are doing, over a longer period, the richer Chinese and Indians have to eat. You cannot replace phosphate and potash in a fertiliser mix. The urea component can be made using nitrogen from the air.

Today, because China has picked up a cold, ASX is going to do the sneezing! My CNLO is still down and that movement in the shareholder registry won't turn it into a paper profit. Ah... if only I have spare cash.