CXM 0.00% 2.5¢ centrex limited

I feel that there are a few hurdles to get through. Sale of...

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  1. 123 Posts.
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    I feel that there are a few hurdles to get through. Sale of small amount of mined product still no news, Lindh to get up to speed with company progress, CR or finance to bring this project to production, no news of the processing plant being commissioned. Off take agreements can be difficult if you have no time frame for delivery. And looking at the paradise project it would be best to stay independent from potential off take partners financing, access to rail and ports (all miners are booming, allocation of assets could be tight, particularlyfor the small guys), phosphate not seen as the green solution, hence i think the push from paradise to go organic and if CXM head this way. CXM is a small team, all this could take a while. Not trying to DR. Definitely one to keep an eye on.

    IMO,

    GS
    Last edited by GuruSwami: 31/03/21
 
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