ABX 2.44% 4.0¢ abx group limited

Ann: ABX Update for ALCORE Project, page-2

  1. 12,208 Posts.
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    That's all great news,,, but no forward sales sounds like a re-run of the Bauxite story and the Cement story and the Fertilizer story,, simply with out forward sales for this product, demonstrates ABX haven't learnt, that just having a product or commodity is not enough,,,SALES have let down this company and tarnished it's reputation.... had ABX secured Sales then the company could easily arrange finance for this type of project demonstrating the ability to service debt, Without income ,, who ever funds this will want the Lions share and rightfully so... SP been sliding since August 2017.... No sales means no arrest of the SP....
 
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