Arianne Phosphate Inc V.DAN

Alternate Symbol(s): DRRSF

Metals & Mining Industrial Metals & Minerals

Arianne Phosphate Inc. is a Canada-based development-stage phosphate mining company. The Company is engaged in the development of its Lac a Paul phosphate deposits located approximately 200 kilometers (km) north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits produce an igneous apatite concentrate grading 39% P2O5 with little or no contaminants. The Company is specialized in the extraction of independent phosphate rock. The project is an undeveloped phosphate deposit globally. The Company’s phosphate is used in fertilizer production, preservatives, animal feed, fungicides, water treatment, the beauty industry, metallurgy, and advanced battery technology. The Company's subsidiary is 9252-5880 Quebec Inc.

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Arianne Phosphate Inc > Feasibility update

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Comment by stockperkson Mar 14, 2021 8:37pm

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Post# 32796141

RE:Feasibility update

At the time of the Bank Feasability study, in the documents, they were looking at a phosphateprice of 180+ or about for a ROI of I think 22-25%.

Extraction/ Mine to Port costs are possibly just too high. Tunisia/Morocco with draglines are low cost operations

We are still a long way to go and 125$/ton won't make it

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