AGR 4.88% 3.9¢ aguia resources limited

Is the project viable at current Phosphate Concentrate...

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  1. 289 Posts.
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    Is the project viable at current Phosphate Concentrate (Phosrock) prices?

    The economic assessment assumes US$210 for the life of the project. Prices are currently half this is my understanding. Look at the cash flow statement in the PEA and reduce operating income by 50% and the project is not attractive.
 
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3 195000 3.9¢
 

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4.0¢ 485851 2
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