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Abaxx Technologies Inc N.ABXX

Alternate Symbol(s):  ABXXF

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

Bullboard Posts
Post by Greenandgold.on Feb 15, 2012 10:44am
345 Views
Post# 19536831

Impolite?

Impolite?

James, if it's impolite to post about ADV in an NML forum then why did you ask me to post information about ADV's Kami project: "Do you happen to know what the crude ore to concentrate ratio will be for Kami (i.e., how many tonnes mined to produce how many tonnes of concentrate)?"

*

I answered your question. Kami will have a recovery rate of 37%. (Labmag/Kemag will have recovery rates around 29%.)

*

Also, James, you made quite big deal about recovery rates before:

"This implies a recovery rate of  21.05% for Kami (8/38).  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. In my opinion it's pretty clear that NML has superior deposits to Kami."

Have you changed your opinion about the importance of recovery rates for iron ore projects? I'll address your cost per tonne post after you answer this simple question.

Bullboard Posts