more phosphate for jorc, page-5

Hi Dani,

POZ's Highland Plains is a proven resource which requires to be redrilled to meet the current JORC standard.

On the other hand, URM do not have sufficient drilling whereby they could quote tonnage and grading, however the results to-date are impressive and I'm sure the market will have a better idea by year's end.

Far as transport goes, all juniors exploring the NT and QLD Georgina Basin have a common problem of transportation. I think that most, if not all, will initially opt for road or road/rail to port. Studies will also need to be carried out on slurry pipe lines. I also think that Bill Hewitt and the boys will be closely looking at what Diamond Joe will be doing with Legend's transport issues.