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Ann: MOU signed for Phosphate Sales , page-6

  1. backontrack
    5,302 Posts.
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    07/02/11
    20:41
    Post #: 7855293
    jera

    we have institutions and funds managers on board before PFS commenced.

    and now a MOU for off take of all rock phosphate without delineating a resource.

    mmm

    our 37.5% stake after mou is ratified into a binding deal, CNL will pocket 67 million per annum NET. This at current prices without taking into account future rises.

    cheers.
    CNL Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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