In addition the Company holds a 100% interest in a sedimentary phosphate deposit - the D-Tree West Project. Inferred Mineral Resources totalling 170Mt @ 16% P2O5 have been defined within the project area. With us in partnership with this new company at an 80% JV this will add to our bottom line in the future-even though the market is not really excited today about the news,

so much for bi-polar markets.