ABX
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1.96% 5.0¢ abx group limited

I think the market is just generally not interested in resources...

  1. PabloBlanco
    215 Posts.
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    17/03/15
    16:37
    Post #: 14929288
    I think the market is just generally not interested in resources at the moment. If they can quickly get up to 1Mtpa and make $20m profit then the market sentiment may change. If Tasmanian project can get up to the 2Mtpa and make $40m pa then I don't think it will be capitalized at the present value of around $35m. And then there is QLD and NSW projects as well!!
    ABX Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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