20c keep dreaming not today, page-25

candlecnd

thanks. I too am an investor. My thoughts (using your points):

1) noted. need to form a view on the phos price. lets focus on the cost per tonne as you suggest.
2) I have phoned too and you are correct. I am hearing 200K is low. 300-400K per day closer.
3) Noted. Direct shipping phos is a best case, but unlikely. I dont see the salt as a huge issue, perhaps it can be washed relatively inexpensively by end user if fresh water abundant. Perhaps a USD20/t penalty.

If we use USD400K per day for the dredger and 40kt hopper, time to fill 2 days (conservative), the cost of 1 tonne of screened rock is USD20. That is very competitive, and leaves a sizable margin for beneficiation.

Agree speculative but I think may have merit depending on grade and beneficition requirements / cost of same.

welcome your thoughts / comments. Sounds like it just too unproven and speculative for you, which I can understand.