Ann: Presentation To Shareholders - Darwin 27 Se, page-21

re: Ann: Presentation To Shareholders - Darw... "Raider but can you name any company where OPEX costs actually came in less than first estimated."

Not without a little research,though I dont doubt there arnt some companies out there that havecome in under both CAPEX and OPEX.

As I see it,key will be offtake agreements and sustainable FOB price.

The rule of thumb is a requirement for 3kg/ha of available phosphorus for each tonne of wheat anticipated. The application is then adjusted in the light of soil test results.

The total area of wheat sown for grain in 2010-11 fell by 2% from the previous season to 13.6 million hectares. Western Australia had the largest area sown with 4.7 million hectares, whilst New South Wales had 3.8 million hectares and South Australia had 2.4 million hectares.

Despite low yields of wheat for grain in some regions for 2009-10, total production rose by 28% in 2010-11, to 27.9 million tonnes. All states had increases except Western Australia, which due to very dry conditions fell by 38% to 5.0 million tonnes. New South Wales doubled its previous year's production, up to 10.7 million tonnes.

http://www.abs.gov.au/ausstats/[email protected]/Latestproducts/7111.0Main%20Features42010-11?opendocument&tabname=Summary&prodno=7111.0&issue=2010-11&num=&view=

Raider