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Ibc Advanced Alloys Corp V.IB

Alternate Symbol(s):  IAALF

IBC Advanced Alloys Corp. is a beryllium and copper advanced alloys company. The Company serves various industries, such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others. The Company has two divisions: Copper Alloy and Engineered Materials. The Copper Alloys division manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. The Engineered Materials division makes the Beralcast family of alloys, which can be precision cast and are used in an increasing number of defense, aerospace, and other systems, including the F-35 Joint Strike Fighter. The Company’s products include Beryllium-Aluminum Castings, Beryllium Alloys, Copper Alloy Castings & Forgings, Copper Alloy Fabricated Shapes, Tolling Services and Consulting and Thermal Mold Super. It has production facilities in Indiana and Massachusetts.


TSXV:IB - Post by User

Bullboard Posts
Comment by Berylliumon Mar 01, 2017 11:34am
165 Views
Post# 25912416

RE:RE:MD&A

RE:RE:MD&AYes, I don't know what they halted the stock for that news. It was a nice reaffirming news release, but so much groundwork has already been put into place over the years with LM on this part so IBC is likely going to be getting the order every year as long as they can follow through on the committment. Now, another part or a larger order...sure. But $2.5M a year from LM will help keep the lights on but not take the company to another level. 

Tiny companies announce orders plenty of times without a trading halt. So in my opinion this was very anticlimactic. A significant BAE order based on the part(s) currently tested/proven is a true catalyst that we publicly know about. This would be revenue above what is already expected.
Bullboard Posts