My feelings mirror your's. How many frigging studies can you do on this property? The way I see it if the phosphate is there then get a committment from Wengfu and get the ball rolling!

My take is this. Either they have some sort of buy-out in the works and they're buying more time to work the specifics of the deal out or Wengfu isn't as hot to come into the project as was originally claimed and they are doing this Definitive Feasibility Study to shop the Company to other prospective buyers/investors. What else could it be?

In the meantime the shares sell of again...

I've got a call into Mordi up in N.Y., hopefully he'll return my call today.