Lots of cash !
The directors need to very carefully consider the best option for the use of the of cash - maybe the cash should returned to shareholders, or a buy back considered. Dividends have been poor .
Phosphate mining to continues as there is a continuing demand for phosphate for agriculture , big market in Australia .
What is the maximum life of phosphate mining on Christmas Island? Will the closing of reduction in migrant accommodation allow more land to be mined for phosphates ?
The best business is the business the company knows!
Lots of cash ! The directors need to very carefully consider the...
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