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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 goldmembon Jan 24, 2017 12:03pm
119 Views
Post# 25747048

BKI.t

BKI.t
BKI.t 

Just started doing some DD on this company and i am impressed! Over $7 million in cash and equivalents, with very little debt being $285k. The market cap is currently $9.66 million and they hold a 51% interest in the Shymanivske Project. This project has completed a bank feasibility study and the NPV is $3.3 billion based on $95 Iron ore prices. The expected cost of producing the Iron being $44.54 per tonne which includes transportation and loading! This makes complete sense to go forward and is currently extremely undervalued going forward with all the Iron ore stocks breaking out!
 
Goldmemb
Bullboard Posts