This new venture only confirms my former statements that the JDC Phosphate Dry Kiln process has more problems than we are being made aware of?
This is a huge dilution of our investments if it goes ahead, which it will as Cliff would be aware of his voting power from his major holders prior to releasing the announcement.
The positive I guess is that we have nothing else to hang our hats on as Wonarah is a no go and the Dry Kiln process is light years away going on its current position?
Ann: Acquisition of phosphate project, page-20
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