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Arianne Phosphate Inc V.DAN

Alternate Symbol(s):  DRRSF

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.


TSXV:DAN - Post by User

Comment by Tree2treeon Aug 17, 2021 8:48pm
211 Views
Post# 33721626

RE:RE:RE:RE:Sell the asset and stop dreaming.

RE:RE:RE:RE:Sell the asset and stop dreaming.An operating or cash margin is not 'profit' unless it also allows them to repay the capital cost.  Most investors in mines are looking for projects that will repay their capital investment in 2-3 years at most.
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