PHO 0.00% 3.4¢ phosco ltd

trading halt capital raising, page-16

  1. 5,302 Posts.
    Agree treasurehunter

    all good, let's see the next top 20.

    Only concern was lack of details so far. Think manangement can provide
    a bit more clarity in current activities.

    Morrocco, Tunisia and Algeria produce 70% of the worlds phosphate.
    Cnl is the only private company to operate there.

    If anyone wants access to these, they will have to come through Cnl.

    3 million will be allocated to pfs which hopefully should arrive early as digging for phosphate is different to base metals.

    Regards
 
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