News: Potash West inks large increase to phosphate target at Dinner Hill, page-5

You listen to that tripe after PWN announcing indicated resource a little over a month ago. Always dyor and be accountable for your decisions and risk tolerance.

The exploration target today is conceptual in nature but seeing as they have an indicated jorc already , it is safe to assume they would get close to those targets if they drilled. I think they would be very conservative as this management team are not the best spruikers. That is sticking point one as you need money to drill. PWN have enough money to drill to measured resource status now and that is what they will do. They plan to drill and progress the feasibility study.

Think more technical risk rather than resource exploration risk. If you want proof the tonnage is there, go back through hotcopper announcements between June 2013 and sept 2013. You will see the drilling to the south and East with assay results. The intersections are actually 50 per cent bigger than those used to calculate the greensand indicated resource. This one announcement alone proves today's exploration target but they have not bothered to spend the money on drilling less than 800m by 800m.

Your question on grade is a very good one and I can not answer this as I am not skilled in that area. Based on my research I would class German potash as average and the west australian phosphate as very low grade and the green sands as very low grade. According to AGR presentation , rock phosphate in Brazil on average is just under 8%.

I would however class them all as monster deposits. I posted a link in "here we go" thread on 20th July. It was an AGR presentation. Look at some of the yara and vale producing mines. Can we be compared to these kind of producing mines phosphate mines?

I worry about phosphate grade for sure and technology risk for the $590 million greendsands (2021) project. I worry about location but it is better than the Australian bloody outback. These questions will be answered shortly with the start of the feasibility study.

Do we as a nation want to rely on the Middle East for out fertiliser?

Will Western Australia become a southern china and a food bowl? Already on its way with he high level of farm purchases IMO.