listening to Mike Woodborne, the phosphate deposit off namibian coast pretty staight forward to dredge up with plenty of margin...at high end of initial costings $50 cost per tonne vs $350 tonne sell...there is plenty of scope it seems to make lots $$ even if phosphate price comes off from current levels...just have to look past current market turmoil I guess & postion yourself for the next few years....BON, at the right place at the right time-Mike stole that line from Atlas iron
BON Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held
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