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#Bull Case
stale
Added 3 years ago

For those interested we finally have some have timeframe to target as ABR prepares to list....see below.

 

ABR US LISTING SET TO BENEFIT FROM NORTH AMERICAN BORON MARKET SUPPLY CONSTRAINTS HIGHLIGHTS:

• Initial US SEC* filing for US listing targeted for October 2021 with NASDAQ listing expected in Q1, CY2022  • Boron specialties business is ramping up with partner discussions focused on high margin, and high-       performance boric acid derivative products                                                                                                         • North American boron market supply constraints increasing * US Securities and Exchange Commission  American Pacific Borates Limited (ASX:ABR) (ABR or the Company) is pleased to provide an update on its positive progress with respect to its complimentary US listing and North American boron constraints that are likely to benefit its Fort Cady Integrated Boron Facility in Southern California. Short-Term Milestones 1. Initial SEC filing for complimentary US listing – October 2021 2. US listing – Q1, CY2022 Complimentary US Listing Timeline The Company, in collaboration with US legal counsel, has prepared a draft of the initial SEC form required to formally initiate the complimentary US listing process. This form will be finalised when the Company’s 30 June 2021 financial statements are converted to US GAAP standards and then audited by the Company’s US auditors. This process is expected to be completed in October 2021. Assuming the October 2021 timeline is achieved, the Company expects to complete the US listing in Q1, CY2022 to enable trading of its securities on the NASDAQ in that quarter.

#Bull Case
stale
Added 4 years ago

I'm becoming more bullish on ABR as they draw closer to 1st production and continue to add.

For anyone that is interested there is an updated investor presentation including a Q&A session.

I've pasted the details below.

 

Thank you for registering for "American Pacific Borates Limited".

Please submit any questions to: jm@janemorganmanagement.com.au

Date Time: Feb 9, 2021 12:00 PM Canberra, Melbourne, Sydney

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Description: American Pacific Borates Limited (“American Pacific Borates”) (the “Company”) (ASX:ABR) is pleased to invite investors and shareholders to the ABR Investor briefing to be held on Tuesday 9th February 2020 at 12:00 pm AEDT.

ABR's Executive Director, Anthony Hall will present the updated Investor Presentation, with a question and answer session to follow.

Participants will be able to submit questions via the Panel throughout the webinar, however given we are expecting a large number of attendees we encourage shareholders to send through questions via email beforehand to jm@janemorganmanagement.com.au
 

#Bull Case
stale
Added 4 years ago

Expectations of significant revenues with ABR fully funded and permitted through to production which is set to commence 3rd qtr 21.

Certainly worth more research for those interested in this sector.

SEPTEMBER 2020 QUARTERLY REPORT HIGHLIGHTS • Construction activities ongoing for Fort Cady Borate Mine • ABR’s boron enriched SOP delivered positive crop trial results with broccoli yields doubling • Product branding strategy completed with early work commenced on digital presence • Final substantive operational permit received from EPA • Ramping up of process to consider ongoing financing options and potential secondary listing on a New York exchange driven by positive Industrial Mineral valuations, including Fortress Value Acquisition Corp (Mountain Pass mine) and K+S Aktiengesellschaft’s US based NaCl business • Former US based Rio Tinto executive appointed ABR Chairman • Expenditure commitments on Nevada based borate target, Salt Wells, deferred for 12 months • Additional key hires completed • Definitive legal agreements for US$30m convertible note progressed with any drawdown subject to receipt of shareholder approval • A$30.8m cash at bank as at 30 September 2020.

 

Disclosure: I own ABR