underlying commodity nearly doubles in 3 month, page-8

Nice Work Commodore. estimates of the transport cost from MAK last year in the EIS were $70 per tonne. I agree the OPEX needs to be firmed before the share price will finally stabilize. Once a few more boxes are ticked on that front this quarter, investors will feel more comfortable about the numbers. Lack of concrete information is holding the share price back.

2nd Point. Minemakers has had an announcement in the trade magazine Fertilizer Week for its initial shipment of DSO. If you are a DAP plant, you subscribe to this website. So if there was anyone that didn't know about new sources of Rock Phosphate, they do now. It will be interesting to see if any new buyers come out of the wood work. This is the first RP mine to come on stream in a long time. The Saudi's still haven't finished Ma'aden and Vale will take another year or two building theirs and completing the beneficiation plant required for RP mines with low concentrations.