ABX

0.00%

4.0¢ abx group limited

Ann: CEO Presentation TechKnow Roadshow, page-12

First 12 Last

Share
Profile

Follow
Hottin

6,586 Posts.

358

31/10/17

15:48

Post #: 28358388
Share

Originally posted by Spinnaker ↑

Hi Friar, most of the answers to your questions are in the quarterly just released:
EV plant will cost $12.5m-16m and should be finished by Sep 18.
Full plant to cost $50m and be completed by end of 2019.
Funding of EV plant is being worked on now - they have given themselves til Jun18. They will no doubt apply for grants as they did in QLD. R&D grants should also be available as this is new tech. ALCORE JV shares have not been negotiated yet as % may depend on funding.

Cap raise may be necessary but hopefully for much less than $12-15m, but between now and Jun18 there will hopefully be a solid news flow about ABX's 3 other projects, which may increase SP and reduce dilution. IF EV plant unsuccessful, they'll walk away. If it does work, yes it will be almost too good to be true. We will be producing aluminium fluoride cheaper than anyone else on the planet. I still consider this project blue sky. Certainly the market places no value on it.

Binjour and Penrose should start generating cash sometime in 2018. Binjour will have no capex as it is being farmed out. Penrose capex should be less than $5m (maybe as low as $1m) as its really just a quarry and ABX won't be doing any processing. Annual op cash flow from these two projects alone should be $10-20m after capex of less than $5m. Show me another small cap mining stock with numbers like those! Negotiations with offtake partners are no doubt in progress, but nothing can be announced until signed. I'd be hoping both projects were producing by the end of 2018. Not bad for a company with a market cap of $21m.

Expand

I see this as really good news and if there is a demand for ALF then we should look at it. The question is what's the profit in it. I am sure that Ian can see huge potential and I like that. If CR is needed then so be it, this company only asks for $$$ when really needed.

ABX Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BUX

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

There are more pages in this discussion • 6 more messages in this thread...

First 12 Last

Add ABX (ASX) to my watchlist

(20min delay)
Last 4.0¢		Change 0.000(0.00%)		Mkt cap ! $10.00M

Open	High	Low	Value	Volume
4.0¢	4.0¢	4.0¢	$7.112K	177.8K

Buyers (Bids)

No.	Vol.	Price($)
1	117516	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	60000	1

View Market Depth

No.	Vol.	Price($)
1	117516	0.040
2	141847	0.039
1	121508	0.038
1	19000	0.037
1	50000	0.036

Price($)	Vol.	No.
0.044	60000	1
0.045	62512	2
0.058	10000	1
0.060	55000	2
0.062	17465	1

Last trade - 10.00am 04/10/2024 (20 minute delay)

ABX (ASX) Chart

Ann: CEO Presentation TechKnow Roadshow, page-12

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: CEO Presentation TechKnow Roadshow, page-12

Top Stories

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News