i think you will find that the Wonarah Phosphate project is being fast tracked as they have finally signed some off-take agreements.
If this is indeed an off-take agreement , then i see $1 short-term with increasing phosphate prices.
I beleive even with the Resource tax the mine is still profitable , so unless they have made a huge mistake with numbers , i can only see one direction for the share price.
GLTA!!!
mosaic may buy phosphate-rock reserves, page-6
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.74M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $14.12K | 1.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2012302 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 996420 | 4 |
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| Last trade - 14.30pm 15/11/2024 (20 minute delay) ? |
| AEV (ASX) Chart |