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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 Sgleezyon Nov 25, 2021 6:16pm
227 Views
Post# 34166795

RE:RE:RE:Interesting Video

RE:RE:RE:Interesting VideoYes I liked the video - its supporting the need for multiple sources of phosphate, not simply relying on Morocco Monopoly. The LFP angle is interesting, ive seen some numbers float around but they range quite broadly in terms of how much phosphate is actually needed. I dont think its going to be major but I do think it puts added pressure on Offtakers to start locking in supply. I dont see what is holding Arianne back at this point. Low risk jurisdiction, proven & large/pure resource. They claim to have very low costs as well once up and running so the project would be economical. Brian O recently sent some updated phosphate rock prices to me. Arianne would be brining in over $400m USD gross annual profit at current pricing.
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