Forget everything else on that report - but this is the one which has US smiling !
There has been a significant re-rating in rock phosphate prices over the last twelve months.
The World Bank Pink Sheet average monthly price for June 2022, quotes the rock phosphate
price as US$287.5/tonne. GIB holds is the 100% holder of the Highland Plains Phosphate
Project in the Northern Territory, and has recently received a number of enquiries regarding
this Project. GIB is actively seeking partners for the Project.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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