PHOSPHATE RESOURCES UNAUDITED FIRST QUARTER PROFIT SURGE CI Resources Limited (ASX: CII) is pleased to announce that Phosphate Resources Limited (PRL), has announced an unaudited first quarter pre tax profit of $36.128 million. CI Resources is PRL’s largest shareholder, with a 38.76% stake in PRL. CI Resources Chairman, Mr Clive Brown, said that PRL continued to capitalise on current strong phosphate market conditions.
CII Price at posting:
$1.09 Sentiment: Buy Disclosure: Held
