Thank you foy the info about 2 years, that is the only real info I have seen about the stage this "mine" is in.That and the Indian requirement.
They released a video dated June 22, 2022 and which they sent to shareholders Aug 20, 2022 which says nothing so I will not repeat it. But I will give you my reacton in the hope that the company does better in providing information about the stage it is in
my comments:
A great story about the macro story but an absolute failure of where Arianne is. This is like politicians giving a speech and saying nothing.
Indicative of the "focus" of the company is the speed with which they released this video. It is dated June 24th, 2022 and I get it Aug 20, 2022, (2 months later) about the pace that they are "focusing". Also, cannot have much news if they waited that long to release it to shareholders.
"It is fully permitted and a Tier 1 Operation" but it is non-operating and no info as to when it will be. No mention of financing, Indian agreement, hiring ,construction of a plant not even if there is a plant. This is and has been sounding like a snake-oil salesman who has a story to sell.
You are supposedly intelligent men, then, talk in an intelligent way and give us info about the mine (is there a physical mine ), production, ROI etc./ No, they want to talk about "tension" which they both love and which I experience a lot of in relation to this stock. Yes food will always be in demand but if all we have is a city-slicker with a gleam in his eye and a hoe on his shoulder, the only relation he has to food is as a consumer, not as a farmer.
36:45 minutes of a lecture on the size and fragility of the phosphate market. I know no more about Arianne that I did before I wasted this time except that I wish I had not bought it.
Could also wish for a more insightful interviewer. (Think this might be a paid commercial; did not get their money's worth.