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Ann: Cabinda Phosphate Fertilizer Project Funding Update, page-242

  1. numbatgumboots
    447 Posts.
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    29/07/24
    21:01
    Post #: 74970303
    The DFS used a RAE (relative agronomic effectiveness) of 85%. Based on the reported field trials, I suspect it is closer to 90% compared with TSP which should either mean an increased sale price compared with the DFS (keep in mind that the current TSP price is still above the DFS base case price) or increased demand for the product from customers.
    MNB Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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