You've completely failed to read the announcement properly.
Point one - 6 percent of production all at once ABR is not bringing the entire project to market in one hit. Read the announcement! There are three phases to this project. Phase one had three parts, when you look at the annual production in these phases it effectively comprises 1% of production not 6% production. 6% is an estimate if it were in play now. Under the proposed change in approach, it's these three parts that are being brought to market at once, not the entire peak annual production!! The rest is years away and still in stages two and three.
Point two - commodity price impact Refer above lol.
Point three - Daz says he's the smartest in the room All day baby, I'll be here making a laughing stock of you. So will @Roar987
Point four - Turkey and Rio protecting their current 100% market share See points 1-2 then read point 3 again.
Point five - ABR specialty product focus If this is your argument, you are tossing out your original argument that ABR is coming in as a direct and legitimate threat to Eti Maden and RIO. How is this even your argument?
Point six - back on 6% again Refer all of the above!!
"I recon[sic] I own you" If this is an embarrassment contest we're in, 100% you do lol
ABR Price at posting:
$1.36 Sentiment: Buy Disclosure: Held
