With respect, it's got to be the nuttiest theory I have every heard.
On another matter, an anno from AGR (Aguia Res) caught my eye today. They are drilling for phosphate in Brazil hoping to find something similar to what Vale Cajati operation has nearby in production, which happens to have a head grade of eye-watering 5%. They so far have a JORC of 21.33 mt at 4.63% P2O5 for 0.99 mt of contained P2O5. I don't mean to bag anyone (may be their other projects are stunners), but as of today their MC is higher than NUP with our 300 mt at 15%.
I accept maybe it is right next to agricultural land (I am just guessing) but still, what a difference.
NUP Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
