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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Arianne Phosphate Inc V.DAN

Alternate Symbol(s):  DRRSF

Metals & Mining Industrial Metals & Minerals
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... see more

TSXV:DAN - Post Discussion

Arianne Phosphate Inc > Engineering study..
View:
Post by risk53 on Mar 30, 2023 8:03am

Engineering study..

Great news for DAN....This could be the missing piece a potential partner needed in order to move forward...$900 million in revenues per year at todays prices....For 25+ years

Hey Ochterlonloney.....What do you think that's worth?
Comment by Ochterloney on Mar 30, 2023 1:50pm
The old study used 130.00/ton and a  value using that nuimber was 11.5 Billion. At $ 310.00 a ton you could double that to 23 billion. I am just extrapolating and do not really know how to valule in a M& A manner. Certainly, I think it shoujld be worth more than 0.45 cents a share. It was smart to upgrade the study, to sell the royalty to get an investor such as saul rauf(name); all they ...more  
Arianne Phosphate Inc