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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 mferguson71on Aug 25, 2021 4:59pm
189 Views
Post# 33765140

RE:RE:RE:Arianne Profitability & RedCloud report

RE:RE:RE:Arianne Profitability & RedCloud report Promotional material I agree. But you have to look at things in the bigger picture as well. Why would BHP continue to go ahead with their potash project at Jansen Sk when they have an 7 year payback or 14% irr. Obviously in their estimations those numbers will get better with rising commodity prices. DAN is in the same boat with phosphate prices on the rise over the last year and holding strong. The higher the price goes the more attractive this company gets.
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