re: Ann: Encouraging First Results for Study ... How can it be stated by one of the above posters that the Northern Territory project has contaminated soil when this announcement was put out on June 2nd?
"2 June 2010
Dear Shareholder
POSITIVE WONARAH DSO FEASIBILITY STUDY RESULTS
The Feasibility Study into production and export of Direct Shipping Ore (DSO) from
Minemakers 100% owned Wonarah Rock Phosphate Project has been completed
with positive results.
The Base Case for the Feasibility Study concerns commencement of production at
0.5Mtpa and ramp up to 3Mtpa, with 9.4Mt of DSO to be mined in an initial 5 year
operation.
The proposed Resources Super Profits Tax (RSPT) has been modelled should it
apply to phosphate, but estimates must be treated as indicative only at this stage.
Financial highlights of the Wonarah DSO Feasibility Study are summarised in.........."
And now it seems phosphate is exempt from the new mining tax!
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