The Highland Plains Phosphate Project in the NT has a JORC (2004) Code Inferred Resource of 53 million tonnes at 16% P2O5 (ASX release 31 March 2009). The Project is 100% owned by GIB and has no private royalties. Discussions have taken place with various parties during the year with a view to the sale of Highland Plains.
So with rock phosphate prices at 5 year highs and news out during the week that China the worlds largest producer of rock phosphate are looking to ban phosphate exports..... this now becomes a food security issue and no doubt will have significant flow on effects to rock phosphate prices which should help GIB with their stated ambitions.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)