ABX 5.56% 5.1¢ abx group limited

Ann: Quarterly Report and Activities Statement, page-10

  1. 11,819 Posts.
    lightbulb Created with Sketch. 5987
    Yep they need to smash the phone Bill and melt their internet connection, heck employ some Chinese Spammers,,oh "paid advertising content" i meant to say.

    The thing is ABX have really shallow deposits, 3 metres so to mine and to rehab the area is CHEAP, or competitive depending on what side of the fence you are on. The cost of Transport is CHEAP, the rail link runs through it, The Port is at the end of the rail link, easy to dump and store and CHEAP, fast Bulk Loading to ship,,CHEAP, so with all those advantages why no sales,,ABX should be able to mine and store and SELL Bauxite cheaply...

    Mind you it's the commodities nature of the beast,,, the SP would sale off and upward if they announced a 3 years offtake agreement.... it seems to me to be the only thing missing?? Sales needs to be the sole focus,,, no more exploration,,no more dreamy ideas,,,sell some Bauxite.
 
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