Abaxx Technologies Inc N.ABXX

Alternate Symbol(s): ABXXF

Technology Software - Application

Abaxx Technologies Inc. is a Canada-based financial software and market infrastructure company. The Company is developing and deploying software tools that make communication, trade, and transactions secure. The Company has launched Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to a low-carbon emissions economy. Its products include Abaxx Verifier, Abaxx Drive, Abaxx Messenger, Abaxx Exchange, Abaxx Clearing and Abaxx Infrastructure. The Company is also focused on building Smarter Markets, which allow tools, benchmarks and technology to drive market-based solutions to challenges, including climate change and the energy transition. The Abaxx Verifier is a secure password, identity and verification application.

NEO:ABXX - Post by User

Abaxx Technologies Inc

Bullboard Posts

Comment by BenVest99on Jan 18, 2010 7:27pm

575 Views

Post# 16692568

RE: RE: RE: Inching up slowly

With iron ore prices at $150, Tata would save over $2 billion per year if their ore supply would be provided by the DSO and KeyMag projects. NML shares would also rise to at least $25 in these circumstances. This is long term potential since KeyMag wouldn't be in production until at least 2014. In the short to medium term, NML shares could trade between $3 and $4 if and when the DSO goes into production, hopefully in 2011. The shares could also trade at a nice premium if we get a deal signed for KeyMag before the end of the year.

The important point here is that the higher the price of iron ore goes, the greater are the odds that NML gets a partner and financing for its projects and the greater are the odds that shareholders get largely rewarded.

GLTA

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