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5.3¢ centrex limited

Cadmium is an important difference with Morocco. But grades...

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okavongo

94 Posts.

29

21/01/22

20:07

Post #: 59051771
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Originally posted by Rockdoctor9000: ↑

My understanding of the resource is that 30% is the cut off grade and most Ardmore product will be sold at 35% P2O5.

From DFS:
Quality Parameters
o The cut-off grade and mining method provides for a sufficient process plant feed grade to
produce a >34% P2O5 product based on the proposed flowsheet to allow for its potential use in
Australian and New Zealand SSP (20% P2O5) production without the need for blending;

Also Ardmore rock phosphate is very low in Cadmium which attracts a premium.

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Cadmium is an important difference with Morocco. But grades seems to be quite similar (if Morocco grade is around 30%).

CXM Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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