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Abaxx Technologies Inc N.ABXX

Alternate Symbol(s):  ABXXF

Abaxx Technologies Inc. is a financial technology company that is developing and deploying software tools that make communication, trade, and transactions secure. The Company is primarily focused on launching 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. 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.


NEO:ABXX - Post by User

Bullboard Posts
Comment by stockwelldayon Jan 27, 2011 11:49pm
337 Views
Post# 18038655

RE: RE: RE: RE: RE: RE: Jennings Capital - $6.25 N

RE: RE: RE: RE: RE: RE: Jennings Capital - $6.25 Nrail is far too expnesive... the project isnt feasible if rail costs are to be incurred.

pipelines for minerals are different than oil pipelines...

1. you need thick high carbon content thick wall pipe

2. you need pipeline pig launching and recieving stations in many places to clean the pipe of silt build ups which will require extensive shut down times.

3. the pipe will need to be buried, if not, it will freeze especially if it is shut down with low water as well unless it is insulated - this is an added cost

4. the pipeline will have huge amounts of siltation and may have a lot of plugging

5. you need several pumping stations to keep everything moving continually to avoid a freeze plug and the weight of the iron ore and water slurry is the enemy as well as gravity

6. liquid expands and breaking of the pipe is common


Bullboard Posts