AEV 11.1% 1.0¢ avenira limited

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    That's the key Jules and it is the same for RWD. LOW CAPEX requiring minimal dilution to get us into production. I'm not worried about price prospects for fertilizer commodities. High fertilizer prices are like high oil prices. They are here to stay and will continue to forge higher... everyone eats particularly phosphate producers in north Africa and so they are reminded of the value of their phosphate very regularly.

    The only mining juniors with any future are those with a manageable cost base and that essentially means a low requirement for capex.
 
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