The company is on a transformational pathway with a clear focus on future proof commodities.
The price of Rock Phosphate and Potash continue to rise and the trade wars have only commenced. China needs to feed its 1.4 billion people and will preserve it's resource base. Exports have ceased and are unlikely to recommence for a long time.
Agriflex is going to achieve a lot of milestones over the ensuing months. Ardmore has a premium and environmentally friendly product which has the highest quality in any known commercial resource in Australia. This has been announced by the company but seemingly ignored by sophisticated and institutional investors.
Our Rock Phosphate is valued at $225 AUD per tonne. Our NPV is now sitting at circa half a billion dollars without exploring an extension to the resource at Ardmore. Our resource is open and the potential here is mind blowing.
Good luck to all. The 4.6 capper will get take out today, I am going all in.. .
CXM Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
