CXM 2.78% 3.7¢ centrex limited

It looks like funding approval is imminent:- Stage 1.5 annual...

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  1. 262 Posts.
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    It looks like funding approval is imminent:
    - Stage 1.5 annual capacity: 625,000 ton
    - phosphate rock target in CY 2024: 440,000 Ton
    - Once funding is complete, the Company intends to undertake a 9 month construction program to complete the Stage 1.5 program
    - To be to deliver 440,000 Ton in CY 2022 ( More than two thirds of stage 1.5 capacity), the 9 month construction program should be completed in March/Apri 2024
    - Given construction program is 9 months, they should start in Aug 2023

    Happy to get some feedback on the above analysis.

    Good luck to shareholder

    Regards,
    Sam
 
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Last
3.7¢
Change
0.001(2.78%)
Mkt cap ! $32.05M
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3.6¢ 3.7¢ 3.6¢ $19.53K 540.6K

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1 500000 3.6¢
 

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3.8¢ 130000 1
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