ARDMORE is racing ahead and is now cash flow generative, The...

ARDMORE is racing ahead and is now cash flow generative,

The silent achiever here will be Oxley. As per below, the test work is to be completed within six weeks. The guys in the know estimate Oxley to have an Enterprise Sales Value (ESV) of circa $300 million if the test work comes up trumps.

Centrex is currently valued at under $22 million. Mark my word, this valuation is irrational and misplaced.

Happy days are coming. Patience is being rewarded.

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OXLEY POTASSIUM NITRATE FERTLIZER
PROJECT, WA
Representative Oxley ore samples have been
collected for new metallurgical test work. The work
will test the ability to convert Oxley’s ore structural
potassium into to an environmentally friendly
soluble plant-available potassium using a relatively
simple low-cost alkali-hydrothermal treatment.
If successful, it would demonstrate the potential to
create a novel low-cost potassium fertilizer.
The test work is expected to be completed by
October 2021.