Exactly Saracen,Gellard even makes note in that interview that...

Exactly Saracen,

Gellard even makes note in that interview that proximity to infrastructure is one of the most important factors in establishing a phosphate mine. There won't be any Federal grants to develop the ports near their tenements such as Darwin is receiving.

Good luck to them, they are right at the beginning of their search. MAK will be loading phosphate onto ships in Darwin before they have an initial resource, assuming they find a commercial resource.

But it's good to hear another source quoting those sorts of current rock prices.