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PhosCo’s Gasaat Expansion Faces Its First Funding Reality Check

5:55pm on Tuesday 29th of September, 2026 AEST • Mining
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PhosCo’s Gasaat Expansion Faces Its First Funding Reality Check

5:55pm on Tuesday 29th of September, 2026 AEST
Key Points
  • Gasaat resource reaches 166.6Mt at 20.6% P2O5
  • Single-stage flotation produced concentrate of up to 34% P2O5
  • Auditor flags material uncertainty over going concern
  • $5.86 million cash against $2.96 million operating outflow
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