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Ann: Australian Bauxite Completes Share issue, page-2

  1. 215 Posts.
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    I like the word aggressive in the following statement - "ABx has cash reserves in excess of $5 million to fund its aggressive exploration and development programs in Queensland and NSW and $8 million in undrawn loan facilities (see below) to fund its top priority development of its first mine operation at Bald Hill Bauxite Project, Tasmania, which commences operations in coming weeks."
    It looks like all is going to schedule if operations start before Xmas. I imagine it will just be site establishment (office, maintenance shed and toilets) and possibly some removal of overburden.
 
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