price of phosphate, page-7

chartor

If you bothered to read my response you would know
export P205 is 30%.
As for CAPEX I have NEVER said there was no capex.
The current estimate is around $30m but I have always
used a figure of $50m.Remember rolling stock is not
capex as mining services will be contracted out along
with transport.
Regarding overburden removal this minimal as plenty
of RP can be produced in the high grade area of
arruwurra using an initial starter pit where at worst
the grade only needs to beneficiated from 25% to 30%
At this stage I view the probability of DSO at 90% and
this will move to 100% after the metallurgy results
are out in the next few weeks.
If you dont believe the above I suggest you ph/email
the CEO for confirmation.