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Ann: Chairman's Presentation to Shareholders, page-5

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    The price of Rock Phosphate has continued to decline to US$99 / tonne in January 2017. Based on sales of Rock Phosphate in the previous financial year sales revenue could decline by about $12 mill. Palm oil price has increased . It is unlikely the increase in the Palm Oil price and sales will replace the income decline from Rock Phosphate.
 
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