interesting read from krucible metals

Apologies if this has been posted already, but definitely worth reading.

http://www.kruciblemetals.com.au/userfiles/file/143_positivescopingstudyasx080410.pdf

The high grade material is likely to attract a premium price of about $Au200 per tonne and this is
used as the base case financial model.

According to market research, phosphate prices are likely to increase over the next 5 years at the
rate of about 5.5% per annum and Krucible Metals can be in position to benefit from the
increased prices. Current prices for North African phosphates are $US100 to $US130 per tonne.
These landed in New Zealand are around $US250 per tonne.