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Ann: Half Yearly Report and Accounts, page-22

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Rex007

78 Posts.

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30/09/21

10:54

Post #: 56459181
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Originally posted by Aquarius11: ↑

Hi
I have held ABX for a while now, due to the exposure to Bauxite and Aluminium smelting exposure, ..... my theory is lighter materials required for EV's. The AIF and REE potential is a much added benefit.
Having said that, apart from the company announcements, I have done no investigation into ABX. I always check a companies cash position / liquidity before buying, apart from that I had decided to let it sit and bide time. It is a small speculative portion to my portfolio. I just reviewed their half year accounts and was surprised to see the lack of sales, I thought they would be selling Bauxite and producing Aluminium. Well that appears to be an assumption and misconception by me.
Would someone please advise me where ABX's are at in this, or are they just totally focused in the laboratory on AIF and REE?
Seriously this is not a down ramp attempt, I have successfully bought and sold a number of times aware of the thin market, but generally wanted continuous exposed to ABX due to the AIF, and now REE story. From reading the above posts, I sense some disillusionment. I hope I am wrong on that front also!

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Sales are certainly not a strong point. We all wait in hope.

ABX Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.1¢		Change 0.000(0.00%)		Mkt cap ! $10.25M

Open	High	Low	Value	Volume
4.1¢	4.1¢	4.1¢	$976	23.80K

Buyers (Bids)

No.	Vol.	Price($)
2	223261	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	60000	1

View Market Depth

No.	Vol.	Price($)
2	223261	0.041
2	91557	0.040
1	71847	0.039
1	121508	0.038
1	19000	0.037

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 - 12.08pm 10/10/2024 (20 minute delay)

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