Arianne Phosphate Inc V.DAN

Sell the asset and stop dreaming.

[Brainheater]

$1.50/ share plus have the buyer assume the debt. The deal could get done in a month. I realize how much money and time have been spent over the years but reality is a B****.
Eventually the day will come when no one will put up the cash to pay salaries and expenses. What happens then?
I do not own shares in Arianne but have followed this company for 7 years.

[tweezer1957]

I agree except I don't think they will get 1.50 Lucky to get .90 now that they diluted

[Tree2tree]

"Lucky to get .90" would be a major understatement.  Would be lucky to get today's share price.  After all these years, if any real investor were interested in "the asset", there would be signs by now.  And they would likely be buying shares to lower the cost of acquisition. The key issue to keep in mind is that the project is still not viable based on

[Marketplay]

On an operating/cash basis Arianne would be very profitable at these prices 39% P2O5 (which Arianne will produce), currently sells for roughly $130ish/t or more (that number is from Nov 2020).  Publicly they said many years ago their cost would be $79/t however, the project has advanced since that $79 cost.  

[Tree2tree]

An operating or cash margin is not 'profit' unless it also allows them to repay the capital cost.  Most investors in mines are looking for projects that will repay their capital investment in 2-3 years at most.