Stonegate Agricom Ltd, a Toronto Stock Exchange company appears...

Stonegate Agricom Ltd, a Toronto Stock Exchange company appears to be at a similar level of development as RUM.

Stonegate’s average Phosphate Rock Concentrate is stated as being similar to the Moroccan / Western Sahara resource of 32 – 33% P2O5 . Far superior to what RUM has.

Refer: http://www.stonegateagricom.com

RUM is quoted at 1.08 billion tonnes P205 at an average grade of 14% P2O5 using a 10% cut off or 338 million tonnes at 18% P2O5using a 15% P2O5 cut-off.

World Phosphate Rock Reserves are currently estimated to be 71,000 million tonnes with demand running at about 200 Million tonnes a year. These reserves alone should last for more than 300 years on current demand. (FAO forecasts global fertilizer consumption to grow by 45% between 2005 and 2030)

I can't help asking the question as Chris Tziolis would have known all of this, why did he link up with Rum Jungle ?

What do others think ?