CXM 0.00% 3.6¢ centrex limited

Ann: Centrex to Investigate Phosphoric Acid Product, page-6

  1. 327 Posts.
    lightbulb Created with Sketch. 36
    These guys aren't here for a little pilot plant, they want potentially the whole thing. These guys are owned by OCP which basically is the Morrocan state that owns all the mining reserves there. If they wanted product they could just tap them up but it must be the low cadmium content required by euro laws they need to produce the acid they want.

    it's basically a shot at incitec and wesfarmers to say a big player knows we exist and are interested, so get on your bike!

    Could be all tin-foil hat stuff but makes no sense otherwise to me otherwise why they want to go this way.
 
watchlist Created with Sketch. Add CXM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.