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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

Post by Ochterloneyon Dec 15, 2022 11:38am
335 Views
Post# 35173339

Ability to produce but not to sell..

Ability to produce but not to sell..Recent press release "Arianne owns the Lac Paul phosphate project in Quebec and has demonstrated the ability to produce a very high-purity/low-contaminant concentrate suitable for use in both fertilizer and specialty applications, such as the lithium-iron phosphate ("LFP") battery."

It seems it is producing because they like to produce things; how about selling something especially in a season where demand is very high and the govnt has added 35% tariffs on the exporting competition(ie russia)
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