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.

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Abaxx Technologies Inc

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Comment by Greenandgold.on Feb 14, 2012 11:42am

298 Views

Post# 19531434

Re: Recovery Rates

"For KeMag NML will mine 76 MT per year to produce 22 MT of concentrate and pellets. The recovery rate is about 28.95% for KeMag."

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See ADV's Kami PEA, https://alderonironore.com/_resources/kami/PEA_2011.pdf Table 16.3:

For the Kami Rose Central deposit, the model estimates 365,006 million tonnes of crude ore mined to produce 135,052 tonnes of concentrate. That's a recovery rate of 37%. Same 37% rate for the Kami Mills deposit.

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We will see if these recovery rates hold for both companies' final feasibility studies (with expanded resources etc). But at the moment, Duade, I think it would be intellectually dishonest to assert that NML's taconite deposits are clearly superior to Kami. They are bigger, but they have much lower recovery rates.

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