when will she dip, page-3

That's another one of Kalmsg's predictions that's come true - the oppies higher than the heads.

I've been unable to join in the posting celebrations lately - I just stare at the screen with a severe sense of unreality.

I'm doing my sums at the moment and would like to have an estimate of the cost of production - it's complex of course because there are 4 products each with their own costs, but what does everyone think? If we use a percentage of the in-ground value, what would you say 50%? For the phosphates it is estimated at about 35% ($140 cost to produce $400 value).

Also very relevant is the rate of production - any guesses? It seems likely to be higher than that stated in the annual report.