I think anyone that thinks a timeframe of less than 5 years for any large phosphate production asset is dreaming.
there is plenty of capital ready to invest in projects that are in a stable jurisdiction, provide a product that is required by the market and is produced in an environmentally sustainable way.
look at all the money that has come for 1st generation battery technology that on the whole was widely unproven until now.
the old industrial ways are a by gone era as the environment needs to be factored into future economic equations and finite resources need to be used more efficiently.
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-59
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