The calls to dump CXM management are too early.
The Stage 1.5 expansion to 625ktpa was no doubt based on responsive, friendly capital markets.
But the reality for the fertiliser industry over the past 12 months is shown by this share price chart for Verde Agritech which has an installed capacity ( for potash production) of 3mtpa. See below 12 month chart.
To survive Centrex will need to expend its production to the original 2021 DFS of a minimum 800ktpa
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centrex limited
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Mkt cap ! $14.74M |
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