RUM 8.70% 2.5¢ rum jungle resources ltd

A few years ago when I researched MAK heavily I was told by...

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  1. 112 Posts.
    A few years ago when I researched MAK heavily I was told by someone in the know the real problem with NT phosphate projects is the product even if its DSO is not 'direct application', it cant be used directly by farmers unlike phosphate from Morocco and other major producers. Has RUM provided any indications that its phosphate has better metallurgy properties versus MAK or POZ, I haven't followed closely enough.

    Originally I was more interested in the potash potential here but the Karinga Creek lakes are too small to support a SoP plant, thats why RWD reduced its 50% share. There is no other salt lake potash production from such small lakes. The two new tenements further west mentioned in today's quarterly could change this. Both significant size and should have similar potash grades if they are in the same groundwater system.



 
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