ABX
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0.00% 4.1¢ abx group limited

one to keep, page-2

  1. vontrader
    23,919 Posts.
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    06/11/13
    11:06
    Post #: 12533865
    A long way to go IMO

    Even assuming they produce 750ktpa at margins of $20/t then they are netting $15M p.a

    That is almost a capex repayment period of 1 year and based on their smallest mine

    Once Binjour comes on line, this thing is making multiples of its current cap

    ABX Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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4.1¢ 		Change
0.000(0.00%) 		Mkt cap ! $10.25M
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