"I have heard that some of the phosphate that Minemakers has 50 meters of over burden above it?"
and some of it's not. maybe they might start mining the phosphate that deep in 50+years time, plenty shallower than 50 to keep them going in the meantime. it will all be economical one day, morocco even have some underground mines over time these will become more common. with rock phosphate at $200/t removing 50m of over burned would not be an issue imo.
you will also notice mak directors have recently taken off a couple of hats with ad and nb resigning as bcd directors, reason given to focus on wonarah.
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