RE:RE:RE:RE:pretty quietTreetop2 -
I find your comments erroneous and misleading.
The price of Arianne is where it is because phosphate rock in bulk is still being sourced from a very problematic but monetarily discounted area of the world, namely Morocco, Tunisia and the disputed Western Sahara.
Why are those nations problematical? For one thing they are politically and militarily unstable and staring their own "Arab Springs" right in the face.
But that is not even the biggest problem. The rock sourced there is not only polluted with heavy metals but with radioactive depleted uranium courtesy of the U.S. military under G.W.B. who used it in the armament shells used to attack Iraq and Afghanistan. You can read all about it in the following article:
https://www.digitaljournal.com/article/220022
The common sandstorms which blow throughout the Middle East are the natural means by which the Depleted Uranium dust deposited on the battlefields of Iraq and Afghanistan are blowing all over those countries, as well as so many other countries throughout the world. These countries include the three I mentioned from which our present phosphate rock is sourced, particularly Morocco.
Since DU remains radioactive for 4.5 billion years giving off carcinogenic and fetal mutation-causing gamma rays and beta particles, among other nasties, clearly is is profoundly unwise bringing radioactivity to the tables of the world.
Presently Morocco is the largest exporter of phosphate rock, followed by Red China and the U.S. Morocco's rock is already heavily contaminated with heavy metals and is now or soon will be contaminated with radioactivity. Red China has never been known for quality in much of anything. This is the rogue nation that put lethal contaminants in pet food as filler, killing thousands of pets. Why would you trust them with phosphate in your food?
Presently the U.S. has 11 smaller mines scattered across the country.
That leaves Arianne with the largest greenfield phosphate rock deposit in the world, in a safe and accessible location and right here at "home." Its rock is of very high-quality, almost contaminant-free phosphate rock concentrate grading approximately 39% P2O5.
Just the Lac a Paul deposit is at least 550 million tonnes and that does not include the probability of additional rock on Arianne properties.
Scientific American wrote an interesting article on what it perceived as a looming shortage crisis in the availability of good, high quality phosphate rock called Phosphorus: A Looming Crisis. You can read it here and keep in mind this was prior to the birth of Arianne:
https://web.archive.org/web/20130930161922/https://www2.research.uky.edu/pimser/p12mso/pub/LeaPS%20STM%20Units/8th/Phosphorus%20Cycle%20Sci%20Am.pdf
Arianne at the present price is a literal steal. This is an $18 dollar stock masquerading as a giveaway when you look at the feasibility study recently referred to by Jay Taylor, which points to robust profit margins and an 8% discounted NPV of $1.9 billion compared to its current market cap of a mere $45 million.
IMHO this is the type of rare situation where an asset of great value is flying beneath the radar. It is cheap at the moment but is really a "king maker."
It will not remain at this ridiculously discounted price for much longer.