The SP was hit again on the open today down to 30 cents with the...

The SP was hit again on the open today down to 30 cents with the downturn in overseas markets. It's been pleasing to see our market consolidate since along with MAK despite being on low volumes.

In this type of market, overseas action could hit us badly if the downturn in overseas markets continue for a few days. Many of the big miners have dropped 30% this year while MAK has dropped much more. I guess I need to remain patient in turbulent times. They have 2 great phosphate resources. I await a clear trend overseas.