News: Phosphate Australia trading at half liquid assets, page-3

Yeah thats pretty poor reporting re anglo & anticipating results will be strong.
Anglo pulled out of JV because they didn't like the results coming out of drilling. I was originally thinking that they would try partner for both Musgrave tenements to free carry for 10-20% and focus on gold and phosphate.
So not really sure what direction POZ will take from here. I think its pretty well valued at the moment, with no further results due in the interim. Only news to take this further will be deal getting over the line (I don't really think theres too much risk here).
Proactive seem to be in the right place at the right time for alot of these jumps in SP. QBL comes to mind. I'd be weary that 7.5m was purchased around 1.8-2.2 today. Unless snapped up by a new cornerstone investor this will be flogged off in the coming weeks.
I believe its run its race for the time being -but still lots to like here.
Have a great weekend