Arianne Phosphate Inc V.DAN

New phosphate price

[tweezer1957]

we are now at 102 per ton. This is a long term breakout but unfortunately management destroyed momentum with the new issue. To fix this we need a real marketing plan. I have been a long term supporter but to be honest I am beginning to doubt.

[Marketplay]

Hey tweezer1957, Would it be possible for you to elaborate on what you mean by "new issue" ? Thanks in advance

[tweezer1957]

the stock was gaining ground and hit 60 cents. At that point management used the higher price to raise capital. I get it it now means there is enough money for a year or more but the new issue killed all momentum. Management was going around selling the stock and the new investors feel screwed. We now need a plan. How does this project become a mine. What happened to all the companies willing to

[mferguson71]

I'm no international phos expert but follow prices quite closely as I am a buyer. Phos has went from $600 a tonne to $1000 a tonne. Typically prices do come down in June but we have yet to see any signs of that happen so far. My understanding is that International prices remain strong as well. One thing is the DAN did not take all the money that was wanting in on the financing. Hopefully that

[tweezer1957]

so I am hoping you are right. I have been following this story way too long and can point to the following. We have agreement with indigenous community. We have port permits. Price has recovered in phosphate Nutrien and make mosaic are investing billions in potash. We have green light to proceed. There are no obstacles at this point. But What happened to new Brunswick. What happened to offtake