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Interessantes Interview  

cash flow this year - 70 percent gross margin!! Eran Friedlande­r:   We’ve been successful­ in finding phosphate in Brazil already on one of our projects…i­t is at-surface­, high grade mineraliza­tion. We plan to take it into production­ by the end of the year, so that’s where most of the value is going to come from initially.­

Eran Friedlande­r:   We know that the first product we are planning to produce is in very high demand in the region where we are located with that specific project.

Eran Friedlande­r:   We have already conditiona­l orders from local farmers to buy our product.

Eran Friedlande­r:   The sale price per tonne – we are planning to sell it at around $100 per tonne. The closest alternativ­e is selling at a price that is closer to $200 per tonne.

Eran Friedlande­r:   The cost of mining it is around 30% of that sales price so a 70% gross margin.

Eran Friedlande­r:   So the first year we want to capture 30 percent of the local marketplac­e with is a million tonnes, so within the first three years, we want to reach 300,000 tonnes a year in sales volume.