- Direct Application Natural Fertilizer (DANF) product is in demand in the region
- Flagship asset, the Bomfim Project, is 100% owned and located in one of the world’s fastest growing agrarian regions
- Bomfim Processing Plant operating at full capacity
- On track to produce at least ~100,000 tonnes of DANF in 2015
- Sales contracts in place for 2015 planting season: 81,100 tonnes for ~C$8.5 million
- Starting to generate revenue
MANY NEAR TERM CATALYSTS EXPECTED
- Entering into additional DANF product sales contracts
- Doubling capacity at our processing facility to 160,000 tonnes per year
- Updating the National Instrument 43-101 Resource Estimate to include results from the 2015 drill campaign – Recent drill results confirm presence of additional high-grade phosphate mineralization beyond areas identified in initial resource estimate
- Third Party Economic Evaluation of Operations Planned for 2015
- Strong Financial Backing