RUM has a long way from seriously being in the phosphate fertilizer business in Australia.
If phosphate fertilizer is 'your go as an investment ' then you should have a look at CII - they are already producing and selling high quality phosphate fertilizer from Christmas Island. CII have own distribution in Malaysia and a already highly profitable and pay a fully franked dividend with a yield of 5.0% - 5.5% .
CII's profit and dividend is on an upwards spiral. Unfortunately the shares are tightly held
RUM Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held