Share
clock Created with Sketch. 16/07/16
15:15
Share
Originally posted by usc75
↑
A P2o5 Dream That Will Never Fly? not fly:Geology: The Resource estimate is Inferred. So, very much yet to be Proven. P2o5 Level : Again, much more work-and expenditure-needs to be undertaken, Even so, at 16% it's a product that is not in world demand.CAPEX: somewhere between A$300m to A$350mOPEX : first, rock phosphate has to be extracted and transported to NT Port. Very limited work, and expenditure, has been undertaken to-date; most in-house "guesstimates" done long time ago. IMO, it will prove to be too expensive.Diamond Joe Gutnick & IFFCO JV: With all their expertise, connections and money neither one could make their Project fly! Wonder why?Summary: IMO, if Jim Richards can pull this deal off-and get the money in the bank-then he deserves an AO.
Expand
Jim Richards has been with POZ a hell of a lot longer than 8 years mate ;-)
