It was a indeed a very astute management decision to exit the Namibian option and focus on Wonarah. The Namibian option carried significant project risks which were recognised by Cliff, and the right action taken as proved by this news. This is another example of his vision and effectiveness as Wonarah moves towards production, as per the plan communicated to the market. The management team have a proven track record.
moratorium on marine phos mining in namibia, page-3
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