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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 stonesheepon Mar 02, 2019 9:50am
205 Views
Post# 29432796

Further delay

Further delayfrom the MD&A

The delivery of the replacement parts has been delayed further due to an incident where the crate containing the parts was damaged by the freight company en-route to site and as a consequence, final replacement drive parts are now expected in early April. This situation has contributed to an overall delay of approximately twelve weeks for the first shipment, and consequently has caused the Company to reassess its requirements for working capital to support the first commercial shipments.
Bullboard Posts