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6.0¢ poz minerals limited

Figments of dreamtime! Prices quoted are not for P2o5 = 16%....

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usc75

4,056 Posts.

33

19/07/16

13:46

Post #: 18307213
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Originally posted by HotRods65 ↑

I don't beleive that's the case Barry. For deposits that require trucking/rail transport like Wonarah I agree. But for a deposit with a slurry pipeline to the coast cost would be a lot lower. Current rock phosphate price of about $120US fob = $160AUD/t fob which is not that bad. As I said before and it's an IF, whoever has the option was to deal on access to the Century pipeline and infrastructure or has deep pockets like IFFCO to build a new pipeline Highland Plains could well be a low cost profitable operation.
There are plenty of IF's and it might not happen but for Highland Plains I beleive it's possible, what the new option holders plans are and what will eventuate time will tell.

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Figments of dreamtime!

Prices quoted are not for P2o5 = 16%.

There is no global market for this poor quality product.

PS: if it's such a great deal, then why has buying totally dried up after 1 day of hype?

POZ Price at posting: 2.8¢ Sentiment: None Disclosure: Not Held
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