Ann: Excellent Fertiliser Testwork Results , page-28

Story was alone the lines of some of the postings here....in recent months.

Minbos is different to all the other phosphate hopefuls....the fact of the matter is that it is closer to the coast

- at least as high grade DSO ore

- has a partner who is working on another $1b phospahe project nearby

.....and you know what, there is just so many little things, the company is doing right now, to show they are fair dinkum about getting into production.

Maybe even some of the "reluctant" investors in the stock, are beginning to understand the potential here - even also to understand why the shareprice is so low (an inexperienced market that can;t understand bulk- Minbos just tagged with the other phosphate never will be's).

The market will come to love this stock, it will become a chat line favourite, at least in coming off its low base....huge blue sky potential, with vast proven near coastal rock phosphate deposits.

I can value it now...put that nett $30m PA profit from their first smaller project, on a forward of 10...(30% additional shares) and debt funding CAPEX.

Therefore market cap $300m....or share price $2.50.

There is not stock like this one....based on stock exchange disclosures, and those NVP calculation from the independant consultant.