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Rock Phosphate prices continue to rise, page-10

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807 Posts.

64

12/10/21

13:09

Post #: 56737598
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Originally posted by ragingboom: ↑

That is correct Smackdaddy95.

The company is on a transformational pathway with a clear focus on future proof commodities.

The price of Rock Phosphate and Potash continue to rise and the trade wars have only commenced. China needs to feed its 1.4 billion people and will preserve it's resource base. Exports have ceased and are unlikely to recommence for a long time.

Agriflex is going to achieve a lot of milestones over the ensuing months. Ardmore has a premium and environmentally friendly product which has the highest quality in any known commercial resource in Australia. This has been announced by the company but seemingly ignored by sophisticated and institutional investors.

Our Rock Phosphate is valued at $225 AUD per tonne. Our NPV is now sitting at circa half a billion dollars without exploring an extension to the resource at Ardmore. Our resource is open and the potential here is mind blowing.

Good luck to all. The 4.6 capper will get take out today, I am going all in..
.

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You've done a mighty job taking that capper out today.

CXM Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $31.71M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.7¢	$56.66K	1.473M

Buyers (Bids)

No.	Vol.	Price($)
3	191824	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	539094	3

View Market Depth

No.	Vol.	Price($)
2	91824	0.037
2	462445	0.035
1	50000	0.033
3	305000	0.032
1	150000	0.031

Price($)	Vol.	No.
0.038	8052	1
0.040	539094	3
0.041	190000	2
0.042	121586	1
0.044	217715	1

Last trade - 14.10pm 29/07/2024 (20 minute delay)

CXM (ASX) Chart