Between the exclusivity fees and costs, I believe Xinfa have paid close to $700k
This really should be moving closer to 20c and higher on speculation of the pending deal with Xinfa
Have been soaking up anything available last few weeks at 15/16c as I see the resource only in comparison to peers is hugely undervalued
ABZ have some of the best quality bauxite around and if you know a few people who cover it, there are no shortage of parties chasing them for offtake and to do a deal
ABX Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
