"Out of the wilderness" middy,quite a compelling argument.
Whats gets me thinking,is the 200,000 tons of DSO Andrew keeps talking about, not 500,000 or more just the 200,000. Have they crunched the numbers,and is the 200,000 tons the sweet spot in terms of mining/transportation?
Just as Strachan reported on mak the key game changer,"is the establishment of a supply route and an offtake agreement".
The mining and transport to rail would presumably be contracted out,so NUP would not have to stump up any cash. The Key asset NUP IMHO would have to stump up for,would be the rail sidding line. Cost of around $ 9 million from reading other phosphate company reports. If you read Hertsberg,he was able to tap Cicutto ex the NAB for some funding,Im thinking somewhere in the $20 million area should see us producing DSO. Time will tell.
