TOX still fighting the good fight despite flat day on index. Small/medium caps like TOX which are embedded into essential high marin services eg removal of toxic waste means the easiest way for competitor to get the business is to simply buy TOX outright. I wouldn't be surprised to see it happen although gains in SP make it more expensive each week.
As far as i am aware BHP's Olympic Dam is our contry's largest underground mine. The waste remaoval contract would have been keenly contested and for TOX to win this a few weeks ago is a real feather in their cap. Good days still ahead imo esp when dedicated plant starts up in FY17. Does anyone else have a similar machine in Oz?
TOX Price at posting:
$2.65 Sentiment: Buy Disclosure: Held
