ABX 0.00% 4.0¢ abx group limited

News: ABX Australian Bauxite Finds New Record High Grade Of Rare Earth Elements At Deep Leads, page-49

  1. 34,167 Posts.
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    "Management have been very restrained with grants of share options to both themselves and employees. "

    I agree

    re Metro - that is a red herring re their agreements standard procedure is to us an irrevocable LC not a revocable one when exporting to anyone especially the Chinese as that guarantees payment .
    Metro also made a number of other stuff ups early on - new management there now I believe .

    As pointed out by several posters no good continuing to drill until we see the process sheet for the rare earths to do otherwise reflects poorly on the financial management of the new MD IMHO.

    Nice to see you are also in for Alcore
 
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