purified phosphoric acid is set to double at a minimum by 2045. There will need to be a large amount of new supply particularly non China.
thermal phos acid plants are a very capital intensive project and not many will get up.
having a large industry player working with you is a huge win that not many juniors will have.
avenira has three very large and lucrative projects on the go that look like they will all come to fruition. Also now we are getting strategic investors who will provide capital and experience in getting these projects up.
things are on the up and up, can’t see the share price staying this low when we trade again.
Ann: Equity Investment and Strategic Cooperation and Offtake MOU, page-15
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