Brilliant post rosyoutlook. For mine, although it has been a long long wait for a partner to emerge for Wonarah, I am prepared to wait further so that we can get the best terms, given this current economic climate. Fortunately for us there is some pressure on India to secure a phosphate project.
GFU, I like your reasoning, "You can only sell it once." That's why they walked away from the Verte negotiations.
Zmans, I think you are taking the uncertainty factor a bit too far by suggesting the NMDC deal is "stalling or terminating." The negotiations haven't been derailed as far as we know, and in the last Board Room Radio interview AD acknowledged it was taking longer than expected, and they might not have anything to announce until the new year. But they were at the point that rosyoutlook mentions, discussion around the equity arrangements of the JV.
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Brilliant post rosyoutlook. For mine, although it has been a...
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