ABY 0.00% 94.0¢ adore beauty group limited

The production costs are higher than you would like. The recent...

  1. 286 Posts.
    The production costs are higher than you would like. The recent fall is all about the increased costs at Nifty, due to Apache Gas explosion and subsequent downgrade of earnings. The increased costs at Nifty are short term and will correct when the Gas is back online. DYOR and have a look st the directors renumeration report, no perf based options etc etc. They simply don't market the company like others do. Notwithstanding it is a long term cash cow, no debt. Given the close proximity of their Mt Gordan operations to the PEM Mt Oxide prospect I'm hoping they are the development partner. This will help bolster the life of MT Gordan and no doubt lower costs further. Everyday I think this should bounce sharply off its lows on the Fundamentals alone; however profess I don't understand much about the market trends these days.
 
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