Hard to say NZ but to be honest my reasons for an investment in bauxite was because of the potential with aluminium usage growing in the years ahead and I didn't give any consideration to the cement market. It's a bonus that ABX have diversified thankfully and if they can secure a long term contract with one of these potential customers then we'll be very well placed once the aluminium industry sorts itself out. I can't see a better placed junior bauxite miner on the asx than this one. I just think that the market is nervous about mining stocks ( understandably so in many cases) and needs to see something a little more solid. Long term contract sales will see this heading north but I'm in on this one now while the SP is low. Long term contracts first and then a dividend would be fantastic. Patience to reward us. How long we have to wait for I really don't know but I like what management have done and think we're in good hands.
Good luck
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4.1¢ |
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0.000(0.00%) |
Mkt cap ! $10.25M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.1¢ | $164 | 4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 74319 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 60000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 74319 | 0.041 |
3 | 106557 | 0.040 |
3 | 374257 | 0.039 |
1 | 121508 | 0.038 |
1 | 19000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 60000 | 1 |
0.045 | 62512 | 2 |
0.058 | 10000 | 1 |
0.060 | 55000 | 2 |
0.062 | 17465 | 1 |
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