It is really quite simple.

The original plan was to build a slurry pipe that is capable of moving 5 miiilion metric tons of phosphates to port each year. That slurry pipe can be ready for production in 2010.

The new interim plan is to extend the rail tracks a short ~ 50 Kilometers which will allow them to begin shipping up to 1 Million Metric tons of phosphates to the port by late Q2 or early Q3 of 2009.

This step will make them cash flow positive and establish them as a going mining concern rather than being a mining exploration company.

Who knows the stock may yet climb back over a dollar ...