letter to the corinthians....., page-8

there are updated figures available in the most recent reports with for CAPEX and OPEX, so you low balled it a little using the old $100 cost per tone. BUT, they also stated that they are planning on accessing the easy to reach stuff, to get the ball rolling, fund the project, and then increase production capability.

I dont know didly about trucking, but i can only assume that once the money starts coming in they could easily fund infrastructure without another cap raising.

Also for the record there already is 108.6million shares on offer (including non tradable options).

Lastly, I would be surprised if MAK didnt look at transporting their produce to IPLs site. They are closer than the port, and I've read that they still import a large portion of their phosphate from Morocco.