best days are ahead of us , page-5

"King of the domestic phosphate and potash exploration jungle"..... ok, so we had to pay them to say that so it can count as a little roar.
OctaPhillip 12 page report 27/11/12 on RUM's home page.

includes

Upcoming Catalysts over coming 12 months.
· Scoping study to develop viable processing route for both phosphate and potash deposits.
· New phosphate opportunities in Barrow Creek area.
· Ongoing exploration updates and resource updates.
Investment Thesis.
· The opportunity to develop significant resources of both
phosphate and potash for export to key global markets .
· An independent and low cost entry into the fertiliser sector with proven processes and existing logistics infrastructure.
Risks.
· This is a very high risk, early stage exploration investment.
· Commodity Price of phosphate rock and potash
feedstocks fluctuate.
· Risks of cost increases after further development and
scoping studies.
Recommendation
· We are positive on the low cost Phosphate and Potash
resources which RUM own and operate.
· At this early stage of meeting the management team, I start with a Hold recommendation.

me too Paul, i'll hold.