Thursday, March 30, 2023
10:56 AM EST – Arianne Phosphate : Has received an updated engineering study regarding the projected capital expenditure for its Lac à Paul phosphate project. The study was undertaken in late 2022 and early 2023 and estimates CapEx for the Lac à Paul project to be approximately US $1.55 billion, based on a $1.35 US/CAD exchange rate. The CapEx estimate also includes required infrastructure upgrades, including a hydroelectric transmission line from dam to site and, a ship-loading facility on the north shore of the Saguenay River. Arianne Phosphate (V.DAN) shares were unchanged at 0.46.
Stocks in Play: Arianne Phosphate, Thu, 30 Mar 2023 11:12:07 EST