Focus phosphate worth ~70% of Fospacs?+that ofcourse it will cost Focus more to mine almost 190 M tonnes compared to Fospacs original resource, of 130 M when Mitsubishi and other bought a share. If this is true, maybe Focus rock per tonne could be worth 50-60% ( after we have taken their the lower percentage phosphate rock into account ) of what Fospac got, which was around $1,15, right. That is around 70M USD and we can eventually get 70% of that sum, which will equate roughly to 50 M USD, but the commodity market behaves more poorly nowadays, so maybe Focus could get 2/3 of 50 M, which equates to 35M. If our assumpion is that Focus dilutes there sharecount with a further 50%, we could set a value on Focus of maybe 38 or 39c if everything goes according to plan, that is a 50-60% upside from here. Focus could also perhaps double there resource from here, but ofcourse, Fospac also did that later on ( and more to it, right? ) and the buyers want to have extra room to expand the resource after the deal is done. Thoughts and corrections? The best thing may be to act quick and let another company in to pay for everything, including the 3M early next year. But the question is if our undiluted interest after such a deal really will equate to our current marketcap? Do you see anything positive in this company that i haven't mentioned? What i see is a company that have a fairly realistic upside of ~50% from here, but the main thing is, that if the managment do the right thing we could have a very small if any downside from here, if not the factor X happens ofcourse. Thoughts?