Huh.... 1) Like I said, production in under two years. The presentation states Q4 2014. We are currently in Q1 2013. I have always maintained that the start up costs would be about $130 Million. The company differs, and claims it will be $121 Million. Mea Culpa.
2) The company will start mining the rock phosphate from the surface outcrop as you described. Eventually they will "Chase" the deposit through the mountain. The company does not have to initially dig into the earth i.e.create a mine shaft to get at the deposit.
3) I have maintained that the company will bring the mine into production using Off Take agreements and the involvement of Sprott. You failed to mention the role of Sprott, who has been a backer of the company since the get go!
4 &5) As far as accounting is concerned, my only reference to accounting, was to the "conclusions" another poster made. If you do not like or agree with what he had to say, speak to him!...'cause I was having issues myself with his conclusions. If the company were to need money by April, that confirms in my mind, that a deal will be reached and announced by April. (Ian Macdonald or Sprott would not see this thing go bust for a lousy $8 Million). I was thinking that a April deadline for an announcement for funding was about right.Thanks for confirming this...great D.D. on your behalf. I continue to have tremendous confidence in the company, with respect to completing the project on time and within budget.
Be patient my friends..and be wealthy!!!!
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Kapboy