Ann: Wonarah Phosphate Development Mineral Lease , page-22

re: Ann: Wonarah Phosphate Development Minera... $180.00 To $200.00 . For the offtack. NZ need this deal. Why. Low contamination best RP NZ can get. Pay A bit more now. Lock in long term price. Good For MAK @ NZ. MAK will only have 1 Mill tone first year for sale. IMI This is a done deal. food security is a big problem for all governments. RP contamination is a bigger problem. NZ are well aware of this @ be more thane happy to pay $180.00 to $200.00 as is AUS. Jobs for 50 + years. opps in the money or in the bin. by 2016 Rp will be 350.00 + a tone MAK SP will be $20.00+. Sand piper well work it out. I am sure the instos have. 40 mil share Placement at $1.20 to $1.70 by April. Opps in the money. All good.