well well well......, page-11

Actual Opex will come in the BFS, March '10.

One thing is for sure oil prices will go up, and phosphate prices will follow.

Here is an interesting fact:

in 1998, for every 100 cars sold in America, 10 were sold in China. Now, the numbers are roughly equal. Asia will rise inexorably again.

Assumptions
1.OPEX rise AU$100/t
2.CAPEX also to include BFS & escalation AU$3040M
3. Morocco Sales US$450500/t fob
4. Freight cost advantage to Asia Plus AU$30/t
5. Potential margin Plus AU$300/t
6. Initial target (2% of World output) 3 Mtpa
7. Potential gross cashflow Plus One Billion/year.