Spoke to Mark several years ago , met Levy many years ago , both...

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14/03/24

18:11

Post #: 72891621
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Originally posted by asculpeous ↑

Have you spoken to Mark?
They are fighting their way through red tape for the northern Tas. mining permit and same for Sunrise in QL.

Can't see how things can be driven faster for the Flouride side of things- is dangerous and a new method-so need to be careful.They seem to be progressing well.

Then there are the rare earths.One of the fastest resource builds on the bourse,Remember that many resources come on after many years of exploration and dud holes that are not mentioned.Meteoric bought their resouce "Off the shelf" for example.They did not do the greenfields work.Levy was pretty smart to drill for rare earths- credit where its due.
BTW they are also working on some new aspects of separation technology separate from ANSTO but nothing annouceable as yet.

So ABX has many balls in the air.
None have been dropped yet.
The SP will come good in time and holders can pretend to be geniuses- but it's basically hard slog from a dedicated team.

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Spoke to Mark several years ago , met Levy many years ago , both are intelligent , my feeling is leave the REE project on hold , reduce the costs ,

The REE is still too low a % of the rock , compared with ASX listed meteor , concentrate on the Fluoride and bauxite offtakes to get some cash in .

never thought about danger , but given Al is an oxidiser for explosives then guess that it is possibly dangerous if under pressure and heat and if the Al is milled fine .

ABX Price at posting: 6.6¢ Sentiment: Hold Disclosure: Held
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