Hi Herbert,
I thought they did, at least indirectly in the following:
from the ann.
"Rock phosphate prices have risen exponentially over the past year, due to unprecedented global demand for fertilisers; for example, Moroccan rock phosphate prices have risen from around US$50/t to US$350/t over this period.
Legend plans to transport 4 – 5 million tonnes per year of
concentrated rock phosphate slurry via a 300 km pipeline from its Lady Annie project to the port of Karumba facility in the Gulf of Carpentaria."
My calcs suggest that's about 1.5 billion $ a year. Don't GCR have a 20% interest in that output? Doesn't that equate to 315 million $ a year? Or is their interest less than that. Correct me if I'm wrong.
Cheers
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