Spoken with Ian myself on many occasions , he is a genuine nice Guy, the difficulty that the company has faced from day 1 has been securing orders,
The conundrum is , ABX deposits are shallow, so convenient to mining, the quality is great, its on a rail link so cheap to freight, by a port with storage so competitive on all fronts,,, so ABX should be able to at least match current prices and make a profit.
Thanks for clearing up the legal for shares aspect. smart move by Management.
The Cement hasn't crystallized into orders either , what happened to the test samples? why hasnt ABX secured ongoing repeat orders from existing clients? again my take is Sales,,,many others on here who have followed ABX for 4 to 5 years will confirm the same singular crux matter with ABX,,, NO SALES and its a commodity ,
TRY HERE http://www.aluminumchange.com/cgi-bin/91.cgi?t=5&w=chf:000040&wscg=40-102501&kw=Bauxite Exchange&kw1=Bauxite
in saying that i do believe ABX could well take off,,when it secures a meaningful take off agreement.
Just been reading of another company and they have secured a off take agreement with Mitsubishi , so are now gearing up to supply them...
ABX need to find and secure repeat orders or sell up and cash out....
(20min delay)