Looking at the drilling results (Figure 2 and 3) and wide variability in grades throughout the field of drilled mineralisation at Arruwurra and the Main Zone, I am having a few doubts as to how DSO can be pulled off and cost effectively targeting the 28% plus seams. My gut is telling me choosing DSO over beneficiation could well be a mistake in hindsight we'll come to regret. Hope I am wrong ...
No doubt the beneficiation pathway is going to cost significantly more in terms of CAPEX so why aren't we selling non phosphate related assets? I am frustrated this company is unwilling to show the market how serious it takes its phosphate assets by still maintain a diversified approach. The market judges a board by its actions ...
http://www.minemakers.com.au/downloads/080814HighGradePhosphateResults.pdf
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