VRM 0.00% 3.2¢ verdant minerals ltd

Morocco has about 50 billion tonnes of resources at 28% P2O5 of...

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  1. 21 Posts.
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    Morocco has about 50 billion tonnes of resources at 28% P2O5 of which about 5.7 billion tones are reserves that they mined at 24-25 million tonnes a year according to International Fertilizer Development Committee in 2010. Whole of Georgina Basin has somewhere upwards of 3 billion in resource so far, with over a billion just in the main Ammaroo resource and the best part of another billion at the competitor's Wonarah/Aruwurra. Its still a way to go but the concept of the Ammaroo area as a phosphate province of global significance could pan out if discoveries like Rockhole keep turning up. Not that it matters for VRM, as you say, they already have decades of mine life at Ammaroo.
 
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