Ann: Takover Bid - Letter to Shareholders , page-38

re: Ann: UCL: Takover Bid - Letter to Shareho... Hi Quick,

you are right - my posting was quit poor - even for a non-australien, non well english speaking person..:=)

Even though - I´m here because I speculate that a deal about Wonarah is going to happen. You think obviously not.

Yes there a billions and billions of phosphate on your continent - but who such a JORC MAK has?? I guess no one !?

And I speculate that asian countries want secure fertilizer supply for many years - so buying a stake in a monster deposit seems a smart move to me. (there also shall be asian interest in phosphate of RUM)

I have no idea if IPL can support an extra 3Mtpa of RP or MAP/DAP equivalent for 50 or 100 years.

So, with a marketcap. of $65mill the marketmembers are non-believers such as you :=)... and my personally history in stories that seems to good to be true tells me that the deal ain´t gonna happen - anyway - we´ll see.