namibia, page-2

Seals- Sorry to be asking questions again but you seem to know alot about this company?:

Checked the Australian Share web page on phosphate producers & found the following stats For Sandpiper _ UCL PROJECT.

Production possible:-- 1581 mt @ 18.8% P2O5 --How large a resource is this compared to other companies?

Cost US$ 57.76/ T -- How does this compare with other producers?

Start up costs: US$ 144M.-- Any return on funds of less than 3 years I would consider as good.Do you know what possible returns per year will be?

Final question any idea of how long the mining will go on for.--The longer the better as the costs will be covered & UCL will be paying dividends.

Shame the exhange rate AUZ vs US is causing such a down in the market otherwise this company should be moving up in SP.