Ethan Park, an analyst with Extract Capital, recently spoke to Potash Investing News about what makes the fertilizer market a compelling story.
Search Results for "Arianne"
Arianne Phosphate (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) closed the second tranche of its previously announced $8M private placement financing for gross proceeds of $2,369,000.
This week Arianne Phosphate and DuSolo Fertilizers made headlines in the phosphate space. Here’s a look at what’s been going on.
Arianne Phosphate (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) announced an updated resource estimate on its Paul Zone: 668 million tonnes at 7.01% P2O5 with a 4.0% P2O5 cut-off grade in the measured & indicated category; and a new inferred resource of 38 million tonnes at 6.13% P2O5 at 4.0% P2O5 cut-off grade.
The Financial Post reports that the province of Quebec’s Plan Nord helps Arianne Phosphate (TSXV:DAN,FWB,JE9N,OTCBB:DRRSF)
Canada’s phosphate production hopeful received a tidal wave of support from the Quebec government.
Arianne Phosphate (TSXV:DAN,FWB,JE9N,OTCBB:DRRSF) announced that, as part of its $8 million financing financing that was previously announced on July 31 2014, Investissement Québec has invested $2 million in Arianne’s Lac à Paul Phosphate Project. The investment is expected to close in coming days.
Arianne Phosphate (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) reports that Brian Kenny will no longer serve as CEO of Arianne, and will stay on as a consultant in order to better advance the company towards its primary milestones including permitting and securing a strategic partner. The company reports that many of Mr. Kenny’s responsibilities will now fall to COO Jean-Sebastien David, while Pierre Fitzgibbon will become Executive Chairman of Arianne to support this expanded role.
Ethan Park of Extract Capital could teach a college graduate-level course on the differences between phosphate and potash. Park’s basic advice to The Energy Report: Don’t miss out on making money with these essential commodities just because they smell like, well, fertilizer.
Potash prices have been slow to rebound a year following Uralkali’s exit from Belarus Potash Company. That could cause trouble for BHP Billiton as the miner looks for a partner for its proposed Jansen potash mine in Saskatchewan.