Fertoz Ltd. (AU:FTZ) has released an update.
Fertoz Ltd reports Q2 sales of A$852,000, below expectations due to rock phosphate supply shortages in Canada and awaiting permit approvals, which are anticipated to boost future operations. The company has successfully reduced costs, particularly in North America, improving cash outflows. With the appointment of Malcolm Weber to the board and phosphate listed as a critical mineral in Canada, Fertoz is positioning itself for growth in the regenerative agriculture sector.
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