re: Ann: Significant Surface Phosphate Minera...
NB. Important to note that Mata de Corda is close to potential domestic customers, major fertiliser blenders (32 of them) and infrastructure (roads, power water) as, unlike so many global deposits, they are located within 150kms of the 3 largest phosphate mines in Brazil.
The soil sampling has discovered a open ended anomaly 2.7kms X 300m. Very large.
* The Board is highly experienced in Brazilian phosphate exploration and Brazil is the 4th biggest consumer of fertiliser in the world.
Check the market cap.
Drill results due late June.
NMN Price at posting:
53.0¢ Sentiment: LT Buy Disclosure: Held