Arianne Profitability & RedCloud report The latest price for Arianne mine with a concentrate (+39%) is $185/t so, if in production today, we would have excess of $300M/yr. of gross profit.
300M$/year gross profit- debt (84M/year)= Net profit approx $216M/year
84M/year is the 1.2B @ 4.59% over 25 years (half capital and interest) at the beginning, then more capital then interest towards the end of the amortization period. (not sure how the debt will be paid back) interms of interest and amortization if anyone has more details please share!
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RedCloud has submitted a report on Aug 12th for Arianne Phosphate (TSXV:DAN) with a
BUY rating and a
C$1.50/sh target price. "Poised to re-rate amid a rising phosphate market. We are initiating
coverage with a BUY rating and C$1.50/sh target price. Our target is
based on 0.8x our sum-of-parts derived NAVPS of C$1.86, which includes
a discounted cash flow model. Arianne trades at a discount to its peers
at C$0.99/t P2O5 versus peers at C$1.65/t P2O5, however, we believe its
favourable location and ability to produce a top-quality phosphate
concentrate should warrant a premium."