Burtbachah, the lack of directors buying is curious.
Exactly how many shares that they own in total, including family entities and their own trusts and their own company names, is something that I haven't discovered yet.
There are sites that list the directors' share ownership details, but I haven't seen a listing for ABU. Maybe others might know?
Today's announcement hasn't set the world on fire either! Progress has been much slower than anticipated. It will be some time before the trial mining is finished and the results calculated.
But, great to have some gold being smeltered! Yippee!
And some extra gold veins discovered! The average grade of 14.6g/t is very good, especially as it doesn't include gold being caught up in system, and considering that they deliberately started with lower grade samples. The in-plant recovery rate of 95.4% is also very good.
So overall another very good announcement from ABU, and the future looks great!
Just need some of the big players and instos to do some big buying, and the other clowns to stop selling!
Go ABU!
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