SGGV looks like they may finally be starting to get ready to get rolling and get the word out to investors. Just updated the company preso and report....
The total resource of phosphate rock present at Gaoping is estimated at 58.16 million tons with a grade of 19.8% P2O5 according to the Hunan Chemical Geological Exploration Institute. Of the 58.16 million tons, 29 million tons are weathered ore and have a grade of 24% P2O5. At the current estimated world price of US$182.5 per ton (Source: World Bank), the in situ resources have an estimated value of US$10.61 billion.