ABX 0.00% 4.2¢ abx group limited

Ann: Capital Raising and Share Purchase Plan , page-6

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  1. 1,463 Posts.
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    MA - I posed a similar question a few weeks back. Not only is BAU half the SP of ABZ it has double the reserves.....

    There were some informative posts in response to my question, which I appreciated, it is worth scrolling back to have a read of these.

    It could also be well worth your time to scroll thru and skim read a few months worth of BAU posts.

    I came to the conclusion that I am satisfied where I am (in ABZ) but will monitor BAU company updates.

    Both companies have a unique opportunity if they sensibly expedite production, due to the Indonesia export ban. One factor to consider further is the predicted and foreseeable future bauxite shortages will be as a result of man-made phenomena, not a physical shortage of actual worldwide resource. The situation could change at any time, by the stroke of a pen / change of Indonesian strategy. But while the situation exists, it should be of benefit to nimble new producers.

    GLTH
 
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