Whole story ??Agree phosphate is great deposit and great market for next decade..
Hence FOS / JV with ex: IMC, Cragill and Agrium representatives.
May 22/02 press releasealso suggest where required sulphuric acid will come from.... at a fraction of other N.A. producers cost. Access / logistics to U.S. mid-west markets also a signigficant cost advantage.
Look back on SEDAR Aug 8/01 and May 28/02 press releases --- compare Niobium grades to those of Niobec mine ( 3rd largest prducer in the world) ... also would be an open pit situtation. Also see Nb2O5 pricing ... math is interesting ...