Ann: Ammaroo Phosphate Update - 19.05.2011 , page-7

jarv2010, agreed, nice for those concerned about sp of recent. I expected the price to drop again today. Maybe some wise investor can see a bigger picture?

My thoughts are turning solely towards the end of day, Maiden JORC announcement as I see that will be what really gives this stock its first run, followed by end of year Karinga Creek.

If your a st (short term) speculator eg: day trader or similar this is not the stock for you IMHO.

There are 2 JORC Compliant statements to be made on this stock according to company statements by end of year. Thats pretty says a lot to me about the activity and scope of projects.

Also, I don't think Resource Stocks article showed investors any foopar when the CEO states that they are fast tracking the projects and expect to become Australia's first commerical fertiliser co.

Still wonder what will be the deal in relation to what will happen after JORC. If they are going to be AU's Fertiliser producers where is all that money going to come from? JV, Capraising, or T/O, so what does that mean for sp? and what does it mean for share holders if cap raising? will we be offerred first in this time?

BTW RedLion22 note: it was the CEO of Rum making the statment to the market place via Resource Stocks article that they would be 'first fertiliser co to produce in Australia', thats advise to the market, if they aren't then it could be contested that they are giving misleading advise to the market? If that were the case the ASX might have the grounds to ask a question or two? yes, no. I am not legal adviser but it is a thought.

anyone elses opinions welcomed please?