Everything as expected.
Grades look reasonably good. Recoveries are high. No capital raising as the stock is supported by enough cash to complete drilling and studies. Close enough to ports and infrastructure.
Targeting a high value fertiliser product. Hard to find the negatives but the market is pretty irrational at the moment. Santa rally will start next week if history is anything to go by.
Refer to article on Rwd thread. The market is hungry for sop deposits. Most are stranded so what will the market do when they discover this is potassium nitrate and close to infrastructure.
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CXM
centrex limited
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1.7¢

Everything as expected. Grades look reasonably good. Recoveries...
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Last
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Change
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Mkt cap ! $14.74M |
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