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So who are the other serious investor. We know they are there.


The dark horse, and the one which has the lowest barriers to development, is Rum Jungle Resources.

Managing director David Muller is increasing resource numbers at its Barrow Creek, Karinga Creek and Ammaroo phosphate and potash projects and serious investors, including Washington H. Soul Pattinson, are on board.

The attractions of Rum Jungle, other than potential to reach a billion tonnes of resource, are its deposits straddle the central Australian railway and it is not contemplating much more than elementary processing.