ABX 9.52% 4.6¢ abx group limited

Your faith in this Company is probably misplaced, I'm...

  1. 194 Posts.
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    Your faith in this Company is probably misplaced, I'm afraid.

    They are a bauxite mining Company that can't sell bauxite... It should not be this hard, other companies can do it, why not ABX ?

    As for Binjour, if it ever gets off the ground, the bulk of the profits will go to the Indian company who forked over the cash, and rightfully so. ABX will get a small commission so they can pay to keep the lights on and for their salaries and bonuses.

    Alcore looks like an expensive dud. Looks and sounds impressive, but given the track record of ABX it will probably amount to nothing...
 
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