Ann: Quarterly Activities and Cashflow Report, page-6

"Further lucrative value-adding strategic relationships and opportunities are actively being pursued by the Company with the view to enhancing shareholder value, and will be announced to the market as soon as any such deal is entered into by the Company and when appropriate, as approved by the ASX.
The Company has to the end of the recent June quarter invested $228K on expenditure relating to the activities of MCL. "

I'm guessing this is the phosphate.