Agree @Gags2765I reckon there are some serious gains in the...

Agree @Gags2765I reckon there are some serious gains in the future too. But I don’t think we’ll have to wait very long. This is very tightly held. Insto’s and sophs own more than 50% of the stock, the board have some serious skin in the game. Which also means it won’t take much buying to re-rate this stock to what it’s worth. The resource currently contains 130 million tonnes of phosphate at a good grade, close to infrastructure, close to European markets. That’s already quite a substantial resource, but on top of that it’s about to be upgraded in a matter of weeks.I think anything at current prices is cheap. Especially when you consider the current phosphate prices. Absolutely rocketing. It was US$80/t when I first started looking at this… it’s now $180! Best value phosphate stock on the ASX I reckon. I think it’ll just climb from here as investors become aware of the story.