i think you will find that the Wonarah Phosphate project is being fast tracked as they have finally signed some off-take agreements.
If this is indeed an off-take agreement , then i see $1 short-term with increasing phosphate prices.
I beleive even with the Resource tax the mine is still profitable , so unless they have made a huge mistake with numbers , i can only see one direction for the share price.
GLTA!!!
mosaic may buy phosphate-rock reserves, page-6
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