That is precisely the reason I have stayed out of IRM fisho despite a significant SP slide from the highs meaning it is now not bad value if they actually prove up a viable resource.
Agree with above how the jump to 62c was ridiculous when samples only went a few centimetres below ground level.
Too much phosphorous means you take a huge discount unless you have large amounts of low P ore to mix it with (as you can only sell it to miners who have better ore to blend it with - at a massive discount making the operation borderline.
IRM are like putting your chips on "0" on the roulette wheel at this stage.
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