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on target fro a 50mi profit movw over mak

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    Phosphate Resources Ltd
    Record shipments
    The Board advises that continued strong demand for product and favourable weather
    conditions has enabled the company to ship a record amount of 262,310 tonnes
    of phosphate from Christmas Island for the first quarter of the 2008/9 financial year.
    The first quarter is normally a good shipping period but the results are an increase of
    35,000 tonnes over the previous best results which were achieved in the first quarter of
    the 2007/8 year.
 
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