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$2.65 american pacific borates limited

Thanks Billy, much appreciated, I keep trying to find risks with...

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Shack18

390 Posts.

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17/03/21

19:19

Post #: 51844722
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Originally posted by Billypaddington: ↑

My take

SOP - AH said in a recent webinar that they were in discussions with potential partners. The potential partners would be able to take the full SOP from Phase 1a right now.

Borates - Phase 1a will be used to get borates into the market to build confidence and supply chains. Not sure where I read this but must be in latest preso.

Also from recent announcement - borates potential to go into undersupply in US and prices starting to rise.

I cant understand why we would need an offtake agreement based on the above. 6 months from production and Phase 1a is minimal.

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Thanks Billy, much appreciated, I keep trying to find risks with this company, because it all seems too good to be true !! Anyhow I have kept buying up to $2. Think I am done now, though probably won’t be able to help myself to another tranche!!
cheers

ABR Price at posting: $2.10 Sentiment: Buy Disclosure: Held
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