ABX 0.00% 13.0¢ australian bauxite limited.

ABX - $15m market cap - potential to make $7m profit from its 1st pilot plant

  1. 487 Posts.
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    Its only a matter of time till ABX gets a re-rating.

    Being the only company in Australia to produce Aluminium Flouride and supply the Australia market will be huge.

    $700 a tonne profit margin - initial plant 10,000 tonnes per annum.

    Even a low 10 times multiple - is $70m market cap which is approx 45c/50c.
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