Ann: Half Yearly Report and Accounts, page-23

I have held for a long time, and watched the value of ABX shares continue to fall. The SP now seems to be in a band between approx ten and fifteen cents, so trading is probably an ok option for some.

In a nutshell, this is a frustrating stock to hold. In my view this is a lifestyle Company and it would perform much better with new and talented management.

The most frustrating thing by far for me is they have bauxite ready to mine NOW ... and they do very very little in this space.

They have found a small low grade and most likely uncommercial REE sample and... they are off on a tangent .... forgetting about their core business. They have a poor sales record IMO... that about covers it I guess.

You can find the history of the Company Announcements on the ASX website, going back for years. DYOR. You will find the Quarterly Activity reports fascinating in their repitition and lack of real achievements...

GLTH