ABX 0.00% 4.3¢ abx group limited

Ann: Quarterly Report and Activity Statement, page-32

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  1. 6,602 Posts.
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    Well it's true that we do not have enough off-take contracts but if we do not make a decent margin what's the point of selling our products?
    I think that Ian and his team has done really good job so far and look at the share issue, it's very low and they did not ask the market for $$$ for very very long time and that's great!
    I do not think there are many producers of Aluminium Fluoride and it's a opportunity for ABX. If there's a demand and if we can sign contracts and make good profit (depending on CAPEX) that would be fantastic.
    I am sure that the management looked at the numbers and they see it profitable otherwise why to talk about it?
 
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