Ann: Trading Halt , page-16

Here are the facts
Rock Phosphate is at $125 from Morocco as per World Bank. This is in US dollars. Wonarahs grade is at $135 per tonne or higher. This is approximately $150 Aus as per recent company info. Freight advantage is approximately $30 per tonne to India and higher for NZ (closer to $50).

DAP prices are getting back to the $500 mark and well above where they have been for 12 months.

Grain prices are at 6 month highs.


Wonarah has been costed out at $125 per tonne to Darwin from the recent anns.

This is not doom and gloom for the company.