ABR 0.00% $2.65 american pacific borates limited

Ann: Presentation - ABR Investor Webinar, page-25

  1. 785 Posts.
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    You realise they were always going to ‘prove up further resources’ its just that it was deemed unimportant what with the slow Phased ramp up, and a 23 yr LOM?
    You’re trying to make it sound like they are back to day 1 searching for a resource.

    A 23 yr mine life was enough and they were able to secure previous funding based on it. Unfortunately Covid has had a larger impact than any of us could have thought.

    So running concurrently with everything else they have a chance to increase the resource size for a minimal outlay. Increasing the resource size will be used to increase the life of mine which in turn makes it more attractive to US investors.
 
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