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Ann: UCL: Sandpiper Phosphate Resource Upgrade , page-7

  1. joe
    536 Posts.
    re: Ann: UCL: Sandpiper Phosphate Resource Up... I agree with Brett14 that Sandpiper-Namibia should not be discounted as unimportant for MAK.
    Wonarah is an important project for MAK but IMO mining of Sandpiper looks simpler with only a dredging process required.The overburden for Wonarah will require considerable mining to reach the P material.
    If Sandpiper proceeds before Wonarah I think it may have long term benefit for MAK with " runs on the board" & cash flow to assist development of Wonarah.
    If the Indians do not come on board surely Sandpiper IMO should be developed first.
    Disclosure I do hold UCL so I must be biased??
 
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