RE:RE:RE:Updated Resource EstimateMarin Katusa implores that we start puting the stuff in bags and start shipping it ASAP[Now]. -
Quote: Ironically, unprocessed phosphate, which is known as phosphate rock or phos rock, actually has both of these valuable characteristics.
It comes in the form of a niche fertilizer called DAPR or direct application phosphate rock. [Pronounced Dapper.] . . .
. . . DAPR only model:
I believe the best approach for FCV is a DAPR only production scenario. While I do love David vs. Goliath stories, I’d prefer not to have my dollars with David. In the real world of economics, David almost always loses. Hence my belief that a 100% focus for Focus Ventures should be DAPR.
The capex is way less, and actually manageable for a junior.
The numbers are even more impressive for a DAPR only project.
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RJ