This announcement is huge. The area has been JORC'ed in the past, no need for complicated drilling. The amount of Phosphate here is enormous. It is a matter of ticking the boxes from here to get the mine up and going.
Don't forget This is just one of 7 massive projects that Minemakers has under its belt! This is definitely undervalued. Risk here is low. We are talking mining an existing Phosphate deposit that has been established, no risk from external governments getting involved and the price of phosphate is continuing to rise as existing suppliers run out and China/India go crazy for more food. Watch out Share Price!
Market cap is 15mil
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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5 | 7284260 | 0.5¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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5 | 7284260 | 0.005 |
14 | 8484631 | 0.004 |
11 | 6273337 | 0.003 |
8 | 5435000 | 0.002 |
4 | 7399950 | 0.001 |
Price($) | Vol. | No. |
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0.007 | 6187807 | 9 |
0.008 | 7188125 | 9 |
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0.010 | 1321252 | 4 |
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