Fox River Announces Positive PEA for Martison Phosphate Project with After-tax NPV8% of USD$2.5B and IRR of 23.1% at Current Commodity Prices
The Martison high-grade 19% phosphate project is in Northern Ontario with railway infrastructure access the US. China is cutting back on phosphate fertilizer exports.
Its current market cap is $12m CAD, best traded in Canada. Call CEO Steve Case for more information, if any interest.