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2.17% 4.7¢ abx group limited

This is pretty decent news.Very glad to see its progressing...

  1. Spinnaker
    70 Posts.
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    15/10/18
    15:39
    Post #: 36128109
    This is pretty decent news.Very glad to see its progressing without delay. We remain on track to know by March 2019 whether we will be entering a new market. And aluminium fluoride would be a much more profitable market for ABX than bauxite, with completely different fundamentals. The Australian dollar is also trending down, which is very good for all Australian producers selling into markets with USD pricing of course. Still no bauxite sales which is disappointing. I was hoping the dip in AUD below USD0.71 would help us out but no joy yet. 
    ABX Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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