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General discussion, page-432

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    My understanding of the resource is that 30% is the cut off grade and most Ardmore product will be sold at 35% P2O5.

    From DFS:
    Quality Parameters
    o The cut-off grade and mining method provides for a sufficient process plant feed grade to
    produce a >34% P2O5 product based on the proposed flowsheet to allow for its potential use in
    Australian and New Zealand SSP (20% P2O5) production without the need for blending;

    Also Ardmore rock phosphate is very low in Cadmium which attracts a premium.
 
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