An excerpt from Money Control:
Q: How close are you to this development of the Australian Minemakers Limited agreement? You are supposed to team up to develop a phosphate mine in Australia.
A: Yes, next week we are sending two members? team to Australia. They will be associated on the process of feasibility studies which will be debt players. By about September end, the feasibility study will be over. Depending on the feasibility study, we will decide whether we will pick up 50% of the total asset in Wonarah mines of Australia or not. Hopefully, I feel the indications are positive. We should be in a position to possibly pickup 50% of the stake there.
rana som interview
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