I think many false starts and broken promises have negatively impacted confidence in the company and its sp.
The end of this feasibility study should deliver a economically sustainable phosphate operation that generates significant cash even at current depressed prices.
If you also add into this that ihp is on the verge of being made commercial then investors will come.
There are many barriers to entering the phosphate/spa industry. To have a business that produces rock phosphate at sustainable price as well as having a method for producing spa that is low opex/capex isn’t something that is currently in the marketplace.
to enter the spa/dap/map market you need 2 bn dollars to build a wet acid plant.
AEV Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)