CXM centrex limited
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It is but I wouldn't get carried away. Ardmore has a 10 year...

  1. Tcb007
    22,042 Posts.
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    08/01/22
    18:37
    Post #: 58726973
    It is but I wouldn't get carried away. Ardmore has a 10 year mine life as per the DFS. They wouldn't be able to supply phosphate rock to potential battery offtakers unless the reserves increase and I suspect battery manufacturers will be sourcing high purity phosphoric acid. This has high capital and operating costs
    Last edited by Tcb007: 08/01/22
    CXM Price at posting: 9.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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