This is awesome news! We are about to witness the revolution of...

This is awesome news! We are about to witness the revolution of the entire fertilizer industry IMO. Some of the worlds largest fertilizer companies are behind it (Mitsui, Agrifos) as well as Minemakers.

In case you need reminding on what our cornerstone investor Vulcan (Agrifos and Solvochem) is thinking....

"Mr Farouk Chaouni of Vulcan commented: “In our view, Wonarah is a large and highly strategic phosphate resource that is extremely well suited to the application of the IHP technology. IHP has the potential to unlock the value of Wonarah and produce a high value SPA product which currently trades in North America at about US$1,000/t P2O5...... ".

"Wonarah is connected by existing rail and road networks that are well suited for shipping high value SPA.”

“We have developed a lot of confidence in IHP through our significant investment in JDCPhosphate, so it is a logical step for us to invest in Minemakers at such an attractive entry valuation, particularly combined with an option to increase our investment in the future."

"We like what we see at Minemakers: an agile change-driven culture with sharp focus and discipline. We are excited to join their team and add value by applying our lifetimes of experience in phosphate and fertilisers."

" We were very impressed by what we saw during a recent Wonarah site visit: a tremendous opportunity in a wonderful country that, if managed diligently, will benefit all stakeholders, including the traditional landowners, the farming community in Australia and, of course, shareholders among whom we now count. Thank you for welcoming us into Minemakers.”