resource estimate for arruwurra deposit, page-7

"No DSO

20% is that rather poor??"

Colin - DSO was NEVER going to be the entire JORC... That would have been insane, and awesome beyond belief... But extremely unlikely.

130MT of DSO would have been great - But no drill results have ever pointed to that much DSO.

DSO at best will be a few million Tons and they will JORC that to Measured status for the DFS and first production.

We now have an Inferred 202.8MT at 20.2%... That's enough to last us. No matter what we need a Beneficiation Plant in the near future... Just like all other Phosphate producers.

Cheers.