AXO aurox resources limited
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3.8 billion dollars of phosphate

  1. radiant321
    1,839 Posts.
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    19/09/08
    18:15
    Post #: 4289735
    89mt x 3.7%P2O5 = 8.9mt of 30% P2O5 concentrate

    8.9mt x $430US = $US3.8 BILLION worth of Phosphate

    are my calculations correct???

    That is one mighty "overburden"

    What are the costs of concentrating it per tonne?
    AXO Price at posting: 36.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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