ABX 0.00% 4.5¢ abx group limited

stefan41Currently around or just over $60/t I believePersonally...

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    stefan41

    Currently around or just over $60/t I believe

    Personally I see it moving closer to $80/t with the current climate if you consider China importing record amounts and the potential Indo restrictions

    At $60/t, it leaves ABZ margins of $30/t or around 50%, which is only set to increase

    Equivalent of mining gold for $650/oz or thereabouts

    This should seriously rerate once they have financing confirmed.
 
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