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3.1¢ centrex limited

From October 2018 presentation. I wonder what happened with...

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75fj40

311 Posts.

116

18/11/23

18:09

Post #: 70979139
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Originally posted by 75fj40: ↑

Thanks Happ. I did a bit more digging and it seems they have had more pressing issues and I am sure you are on the money with needing to get Ardmore into revenue first.
Potash projects here in the West have a sorry history with a few going under for various reasons and not the least is getting the chemistry processing right. I am not sure how much of the skills and techniques developing at Ardmore are applicable to Oxley. It will be interesting to see how they go about developing Oxley. It is certainly well located. They may just prove it up and move it on, develop themselves or take on an operating partner. I haven't been able to find any indications from past announcements. Either way I hope it becomes a valuable asset for the company.

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From October 2018 presentation. I wonder what happened with seeking a partner?

Oxley Progression
▪ Recent test work in China showed ability to use
an electric arc furnace with direct discharge into
rotary coolers
▪ WorleyParsons have completed updated designs
taking the latest test work into account and are
updating project cost estimates
▪ Centrex will seek strategic partner to aid further
development of the project
▪ Upside opportunity for Centrex

CXM Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Last 3.1¢		Change -0.001(3.13%)		Mkt cap ! $26.85M

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