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850 Posts.
5
15/09/17
15:13
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Hey @Quanta
Spent the day doing DD on ABR.
-Very tightly head register 29% owned by Atlas (Harold Shipes).
-AH & MS grew HFR between 2011 - 2016 from a 25c to near $2 company.
-Fort Cady site is 120km away from Rio Tintos large borate mine.
- Historical for borate is certain (I am uncertain about Lithium claims)
- Pilot plant and evaporation ponds already on site (although i don't think these require huge $)
- All permits seems pretty much sorted with FCCC holding most of them
Above said, it's my 4th company i'm investing so i may missed out other important details. you have any other key points that i should take note of?
Much appreicated
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