POZ has estimate of 82.6MT @ 20% P205 from 36 drill holes.
They will be drilling 100 more holes by Xmas. I'd expect that resource to increase dramatically aswell. They have a very favourable strip ratio.
Company drilling a shallow phosphate area of 1sqkm, which has the following grades
1.5m @ 33.5%P205 FROM SURFACE
1.5M @ 26%P205 FROM SURFACE
16.8M @ 18.3%P205 FROM 3M
15.2M @ 18.3% FROM SURFACE
These were the only 4 holes drilled in that 1sqkm area and this will very likely extend to the west.
Don't discount POZ, checkout the prospectus p.36 for all their historical results. I know a few people have an issue with the logistics, that shouldn't be a problem once they JORC a large resource with an excellent strip ratio.
Having read the BMO report, they appear quite bullish with POZ.
I hold both POZ and MAK
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