Ann: ABR Defers Phase 1A of Fort Cady Mine to enhance US Listing, page-160

I totally agree, there has been a panicked sell off in relation to the new announcement, however, IMO, ABR still has the same fundamental benefit of being a new Borate producer in a duopoly market place dominated by ETI and RIO. ETI has a political risk due to the upheaval going on in Turkey and RIO have a supply challenge as their Borate resource is being diminished. In addition the posible SOP supply deal with Compass makes me conclude that in 12 months with more clarity the share will trade upwards towards $3 as the advisory board have a huge incentive to deliver. I may be naive or overly optimistic but the fact is ABR have a proven resource and a permit to mine.