Looking good on phosphate demand, thanks for posting that...

Looking good on phosphate demand, thanks for posting that Brett14. Now to see that translate into higher rock phosphate prices, they should be following in the not too distant future.

"...we have negotiated our way thru all of this and find ourselves on the cusp of a wave that we could ride thru to production and beyond..." I agree with you wholeheartedly, long term holders have endured the doldrums for quite a while now, now it's time to ride the agri boom that is underway. We could even find heavy demand for our DSO rock quite quickly.

Those who are bagging management seem to be forgetting just how far AD and the team have taken this project in a very short time. It's unfortunate we had the collapse in prices and demand in the second half of 2008, can't blame the company for that, they were working flat out to get a DSO operation to take advantage of the very high prices at the time. We would be singing their praises still if it all came together then for shipping DSO at $400+.

But now it looks like there may be another wave of grain price rises, one that may be sustained for a while, which will drive up the fertiliser prices significantly. Meanwhile AD and the team have been working hard to advance the Wonarah project given all the circumstances mentioned above. The dry kiln deal with JDC is a very significant step, which changes the game for MAK in the long term.

And maybe, just maybe rock prices increase enough soon enough to get on with an initial DSO operation, and we can go ahead without the Verte group partners at this stage. Or at least until our sp is much higher, and a deal we would be a lot happier with.