I was having another look at the Quarterly and noticed this little addition
"The Company will also look to launch its Pre-Feasibility Study to further investigate the use of electrolysers to generate green ammonia designed to produce ~250ktpa of high-density ammonia nitrate, with an option to expand if further power can be secured at economical cost."
First time I've seen that mentioned. You may recall when they 1st did the GA study back in April 2023 they were looking at the Chinese syndicate to help with funding for the GA project. The syndicate didn't participate in the Placement after pulling out after the new entrants showed up, they were part of that original $10m oversubscribed. Now they are looking at possibly expanding the size of the GA project, IMO tied in with this new partnership opportunity.
They posted the below on their Linkedin page, no mention of P4, just the Phosphate + GA
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- Ann: US$14m Loan Facility Approved & Firm Bids for Placement
Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-807
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