I held RUM and sold early in their listing but considering buying in again on the back of BHP's obvious bullish sentiments on potash. View ABC's Inside Business' interview with Andrew Mackenzie of BHP 25/08/13 on this aspect. http://www.abc.net.au/insidebusiness/content/2013/s3833136.htm
Having just appointed Worley Parsons as Pre-Feasibility Study Managers for Barrow Creek which now includes CEN's phosphate resource all bodes well for RUM IMO.
From RUM's announcement 20/08/13 Chris Tziolis, Executive Director said:
“When you balance the resource size and quality, its proximity to existing transport infrastructure and growing markets in Asia and potentially within Australia, in combination with the phosphate development experience of WorleyParsons’ project team, I believe these sum to make this one of the leading undeveloped phosphate opportunities in the world today”.
Can't give you specifics sofiya but it sounds good to me.
DYOR
RUM Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held