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AnorTech Inc V.ANOR

Alternate Symbol(s):  HUDRF

AnorTech Inc., formerly Hudson Resources Inc., is a Canada-based technology company. The Company is focused on the development of green technologies made from anorthosite (aluminum calcium silicate) rock. The Company is focused on three global markets: green alumina, CO2 free cement and concrete thermal energy storage systems. The Company owns 100% of the Gronne Bjerg Anorthosite project in Greenland, which is located southwest Greenland near the capital city of Nuuk. The Project hosts a quality anorthosite (calcium aluminum silicate) body. The Company also has a 5% carried interest on the Sarfartoq rare earth element project in Greenland, partnered with Neo North Star Resources. The Sarfartoq carbonatite project hosts an advanced rare earth element project rich in neodymium and praseodymium.


TSXV:ANOR - Post by User

Bullboard Posts
Post by Hideawayon Jul 27, 2018 12:24pm
157 Views
Post# 28377689

MD&A

MD&A The latest MD&A was posted on Sedar yesterday. Gives an update of project progression and the operating budget. No mention of additional Off-Takes that I saw on a quick read.
 Not a lot of operating money left to take us to production but I hope it will be sufficient.
No indication as to the ongoing viability of the Company following completion of construction and into production. Would be very helpful if they could provide more details as the ecomomics for the project following production continue to be a major issue,IMHO.
GLTA

Bullboard Posts