bk
no chance of cap rasising at 1.50
if there is any further raising it will be after drilling
results are in,feasiblity is complete and offtake
agreements done.So if they are less than $5-$7 after
that I'll be shocked.Also its likely given the
small amt of capital required compared to cashflow
it can be bank financed.
At say $100m required payback is 10 weeks !!
fertilizer report, page-9
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