Arianne Phosphate Inc V.DAN

Project update

[Katanga1]

Is there anything real going on in the company beside that they have a huge potential resource? Any real deals? Drilling? Land clearing? Building? Financing? What is missing?

[tweezer1957]

Sorry to say. Nothing very sad

[Tree2tree]

This company has always been a pure option on phosphate prices.  If you believe phosphate prices will double or triple, buy the option and you might make money.  Just because phosphate is needed to grow food or make batteries doesn't make this particular project financially viable for the huge investment required.  All the side discussions are just noise.

[tweezer1957]

Sorry I have no idea of your point. Phosphate has tripled and the stock has fallen. You need to get it out of the ground to take advantage of the price 

[Tree2tree]

Point taken, tweezer.  To be honest, I hadn't been following how much phosphate prices shot up since last year.  Some comments on the phosphate price:   - A large part of the price increase is due to the higher cost of production, not to mention building new mines.  So previous cost of production estimates may be out the window.  (Note that some existing producers have