FTZ 14.8% 3.1¢ fertoz limited

Ann: Fertoz signs, 2,000 tonne rock phosphate, sales agreement, page-4

  1. 191 Posts.
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    Agreed AO. Like you say, pretty much any progress is better than what Fertoz have delivered over the past 12 months.

    What makes you say USD $100? Not even making a gross profit at that rate.

    But I actually don’t understand how they can make this announcement without any details on price. Surely its included (in fact central) to the agreement… Therefore its material to include. So what gives?

    Either way, it probably doesn’t bode well for it being a promising number. The scoping study quoted CAD $250… In the absence of any other guidance, I expect it to me significantly lower than that.
 
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