listening to Mike Woodborne, the phosphate deposit off namibian...

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