Centrex Metals (ASX:CXM) Presentation, FNN Investor Event, May 2018, Sydney | Finance News Network

Centrex Metals (ASX:CXM) Presentation, FNN Investor Event, May 2018, Sydney

Company Presentations

Centrex Metals Limited (ASX:CXM) CEO Ben Hammond presents the company's Ardmore Phosphate Rock Project in QLD and plans to supply the local superphosphate market.

Key points:

  • Focused on integrated fertiliser resource developments, with one of the few undeveloped high-grade phosphate deposits in the world
  • $40 million market capitalisation
  • $16 million in the bank
  • High-grade phosphate rock project in Queensland with Scoping Study showing pre-tax NPV range of $124 to $129 million
  • Feasibility underway and due for completion mid-2018
  • Preliminary operation targeted to start by end of 2018 to provide trial shipments to customers for long-term off-take contracts
  • Experienced team of bulk commodities specialists
  • Upside in large-scale potassium nitrate project in Western Australia, and zinc exploration play in New South Wales

For more, watch CEO Ben Hammond present.