been too much doom and gloom on this thread for far to...

been too much doom and gloom on this thread for far to long.

Phosphate

factors to increase interest in poz's highland plain deposit.

-phosphates continuing to move north, i expect this to continue over coming months. currently dap is close to $700t/fob, rock phosphate is just over $200/t.

-remember the phosphate frenzy three years ago, imo were are not far away from a repeat. food and phosphate prices won't have to move much high for this to occur.

-mak and nmdc, mak has nmdc looking to invest/develop mak wonarah phosphate deposit which is in the same region as poz highland plains deposit. if this jv goes ahead(by october) it will generate massive interest in other rock phosphate deposits. on top of the list would be highland plains due to size and nearology.

-mak recently terminate a mou with verte group how were meant to be organizing funding for wonarah though various asian investors. i have read verte are looking for another phosphate deposit.

Iron Ore

-poz high grade iron ore north of highland plains has attracted the interest of a third party who is paying for metalurgical testing of a one tonne sample. results of testing are be due this quarter, this could lead to a significant jv regarding this project.

Earaheedy Basin Manganese Project

"An Aboriginal clearance survey over specific drill targets at Iroquois was recently completed and final permitting from the WA Mines Department is expected in August after which the Iroquois drilling program will commence."

following up high grade historical intercepts plus targets generate by recently flown magnetics. 6m @ 34.1%Mn and 4.2%Pb from 34m.

West Musgrave

-news regarding how the company plans to progress this very prospective project in light of the recent results from sampling plus nearology to bhps babel and nebo deposit.
-if rumors are true and bhp has found something significant in recent drilling, this could become the next hot spot, with poz right up there in terms of nearology.

Muccan molybdenum-copper

-results of soil and rock chip sample due.


New Project

-"the Company is in an excellent position to acquire a significant new project and is currently assessing several opportunities" from the recent quarterly.

Summary
- lots to looks forward to in coming months. market cap is only around $10mill, and they have $3.8mill cash. directors seem to make $$ go a long way and don't pay themselves crazy salaries like some other juniors. register hasn't been diluted significant from when the shareprice went to 80cents after listing when the rock phosphate price was around $250/t after falling back from around $400/t. imo, we are currently not far away from the rock phosphate price moving backup to around that $250/t level.
-for me poz is a far move attractive investment now with a good range of quality prospective projects than when they just had highland plains.
-imo, poz should change there name to reflect the significant portfolio of projects.