ABX 1.96% 5.0¢ abx group limited

Ann: 22 Million Tonnes Maiden Bauxite Resource , page-13

  1. rex
    178 Posts.
    re: Ann: 22 Million Tonnes Maiden Bauxite Res... I attempted to find out more about these presentations and I presumed they would be interested in letting prospective shareholders know
    However when I rang the investor relations contact it answered as Hudson Resources and I left a request for a call back
    This was early last week and I have had no reply

    My biggest question is how do they intend to fund port and rail infrastructure
    If it is from Chinese investors then which ones need Bauxite
    My understanding is that Shandong Province refineries import over 95% of China's bauxite imports and they already have their investments in their preferred Australian supplier - BAU

    So given that the ore quality is good then who needs it and who will fund it?
    If that is sorted out then it could be a good project
 
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