I posted a while back that this company was awaiting a stronger...

I posted a while back that this company was awaiting a stronger fertiliser market which will help put their DFS stage project back on the map. Well the last 6 - 8 months has seen both stronger fertiliser prices and sales. What does Centrex have in its favour:

1. Its a micro cap company (Market Cap less than $10m) which gives it excellent leverage to an improving phosphate market.
2. It has an advanced project already at the DFS stage (creating a good story).
3. There is already a pilot plant built which can demonstrate the validity of their premium product to potential customers.

The market is just starting to show tentative signs of recognising this story.