Mod, I acknowledge this is not directly about MAK but it certainly is relevant for MAK holders & therefore a MAK thread, so please don't moderate it. Thanks.
In Friday's Fert Week it was reported that Legend International are looking to amend their game plan. They plan to deliver positive operational cashflow asap with minimal capex & pay for infrastructure thru this cashflow. First they'll do DSO that requires "little to no beneficiation" from D-Tree by 4Q 2009. Then next stage is they'll ramp up to 5mt/y by 2012 from 4Q 2009. Stage 3 is then value adding to produce phos acid, MAP, DAP & TSP.
In the report it is even suggested that 4Q 2009 is rather optimistic.
How are they going for DSO reserves? Are they sufficiently clear of contaminants? It'll be interesting to see how MAK Legend measure up against each other in ore & in gettign to production.
Mod, I acknowledge this is not directly about MAK but it...
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