independent review says accept, page-9

Not of phosphate makattack but there's a strong confidence about viability. There are a number of marine mining projects around the world and BON was mining marine diamonds in the area. Due to the nature of this resource ie uncompacted sediment it is actually a dredging operation rather than a mining operation. Suck it up, filter it, chuck back the waste sediment and beneficiate.

The filtration of the initial sediment will be done on ship and it appears that it is so effective that it may even be able to produce a DSO on board the dredging ship depending upon the target sediment. They are to evaluate that in the next quarter.