This is actually great news, as long as Rob mencel delivers everything he said and is mining before June 22.
SCF has agreed to underwrite the loan, all we have to do is put 15 mill in a vault In case we default, which with the way phosphate prices are going I can't see it happening. With this agreement agriflex now have the security of SCF to get a loan to build the plant.
As long as Rob delivers, which he definitely has so far, centrex is well on their way to success. Can not wait for the agm!
Ann: Ardmore Phosphate Project - Extension Fee Settlement, page-10
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