As a newb in the CXM arena, I did enter somewhat late, with full...

As a newb in the CXM arena, I did enter somewhat late, with full knowledge that the price I entered would likely pullback somewhat before the next leg up.

I decided to enter near the top anyway, JUST in case the SP did keep moving over the 20c mark.

My horrible charting abilities showed some reasonable support around 15c , so I have a reasonable cache of funds in order to follow it down for a while, before filling my allowance fully. (Yes, I know it's a cardinal sin. )

With the red shown on the S&P in the US on Friday, and with a pullback likely on the XMJ after a strong run of late , 15c might possibly be struck, or even breached if the index heads south rapidly.

Regardless, the future still looks very positive, with little consideration given to the WA and NSW assets so far.

I'm more than happy to see the SP head south, and I'm also ecstatic to see it resume it's journey north.

It appears that the current SP is a little ridiculous, considering the treatment than many 'speccies' receive, with nary a shovel in the ground...

Phosphate hasn't quite received the attention of commodities like nickel, lithium , copper or other tier 1 energy stocks, even though it has a large role in keeping us alive.

If the extraction of product with excellent management of the company's cost basis, with minimal future dilution and with further development of the other assets, this little penny stock had a very exciting future indeed...