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5.13%

3.7¢ centrex limited

Ann: Trading Halt, page-7

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sugnah1021

67 Posts.

5

17/09/21

11:57

Post #: 56145830
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Originally posted by LD99: ↑

Might have something to do with this:

Centrex signed a non-binding MOU with Gujarat State Fertilisers & Chemicals (“GSFC”) earlier this year to negotiate an off-take agreement for 300,000 tonnes over the 10-year Ardmore mine life. Centrex and GSFC are currently in negotiation for binding agreements. Two 400 tonne run of mine shipments were recently shipped to two major SSP manufacturers in New Zealand with the view to longer term off-take of high grade concentrate.

Centrex oversaw the trials with both producing positive results. As part of Centrex’s acquisition of the project, Southern Cross Fertilisers Pty Ltd, a subsidiary of Incitec Pivot Limited (“IPL”), holds a 20% right of first refusal on off-take for the project. IPL are Australia’s largest phosphate rock importer for their two SSP plants in Victoria.

The project is located on Mining Lease ML 5542 held by Centrex Phosphate Pty Ltd, a 100% subsidiary of Centrex Metals Limited. The Ardmore Mining Lease (ML 5542) has been renewed in October 2017 for a further 21-year term. Southern Cross Fertilisers Pty Ltd holds a 3% revenue royalty on production.

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The last para seems likely relevant. A bit confusing all in all.. how does this Trading Halt read to others?
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(20min delay)
Last 3.7¢		Change -0.002(5.13%)		Mkt cap ! $32.05M

Open	High	Low	Value	Volume
3.9¢	4.0¢	3.7¢	$22.76K	595.4K

Buyers (Bids)

No.	Vol.	Price($)
1	973	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	24042	1

View Market Depth

No.	Vol.	Price($)
1	973	0.038
2	121755	0.037
1	50000	0.036
2	180000	0.035
2	150680	0.034

Price($)	Vol.	No.
0.039	24042	1
0.040	854564	2
0.042	75000	1
0.043	98279	2
0.044	263896	2

Last trade - 11.49am 18/09/2024 (20 minute delay)

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