brr key points summarised

In Summary

Interview was conducted on Day 1 of the Paris Conference (he went by himself)

1) Test metallurgical testwork will accelerate will have a positive impact on feasibility timetable.

2) Analysis of metallurgical results will provide input into Bankable Feasibility parameters and capex.

3) Acknowledged government departments willingness to co-operate and their positive stance on the project (‘very much like this project to go ahead’)

4) The presentations at the Paris Conference on rock phosphate pricing indicate that prices will remain at this level for the medium term.

5) The presentations at the Paris Conference looked at other phosphate projects and these other projects all seemed to have a higher capex cost (i.e. $500 million)…so from a peer group perspective MAK stacks up well (in A.D's opinion).

Did I leave out anything?