OK I have gone back to the 2006 prospectus as mentioned in the amendment and found the following statement which to me looks ok as well - unles it's the mention of the 2 billion tones??, so I am now beginning to think it could be something else that is going on - Patty you might be on the money.
"Discovered in 1967, Indo Mines Limited and its then partner, Rio Tinto, subsequently drilled up a rock phosphate resource estimated at a JORC-compliant 72Mt @ 23% phosphate, expressed as P2O5, using a cut-off of 15% P2O5. This lies within a global mineralisated zone which was earlier estimated at almost two billion tonnes @ 14.4% phosphate. With the exception of Phosphate Hill/Duchess, which is hosted in a similar geological setting across the border into Queensland, Wonarah is Australia’s largest known phosphate field. The JORC-compliant resource lies under younger cover averaging about 40m thick: mining of this waste cover would add significantly to projected operating costs."
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