ABX-Aus bauxite .....

Market cap-19mill SP-16c -

having had a few issues early on in mining production now seems to be sorted ...giving great entry price

--forward sales targets on first Tassie project upwards of 90mill+ AUD p.a

Mgmt loading up with more shares this month

T/A --strong long term base support 10c has bounced strongly of late

About Australian Bauxite ASX Code= ABX

Latest News: www.australianbauxite.com.au

Australian Bauxite is pleased to announce the first two sales from our first production centre at Bald Hill, Tasmania, with shipping to customers already carried out. This is the first new bauxite project in Australia for more than 35 years.

Australian Bauxite produces high grade metallurgical-grade bauxite for the aluminium industry; cement-grade bauxite for the manufacture of certified high-specification cement and fertiliser-grade bauxite for the fertiliser industry.
The second shipment is the largest sale in ABx's history. Apart from Tasmania, Australian Bauxite also has viable tenements across Queensland and New South Wales, with the Binjour tenement in Queensland viewed as the flagship project of the company.

Why are we different? We are an innovative, cohesive and highly skilled team who have collectively developed an exploration model which identifies targets and achieve results.

Consisting of strongly experienced senior management and innovative up and coming geologists, the team has developed a unique geological model which has identified exploration targets that enables the company to maximise shareholder value for each exploration dollar spent.

Australian Bauxite (ABx) is adding value to shareholders through the discovery of high grade direct shipping bauxite in Eastern Australia, close to transport infrastructure and free of Native Title.

Our Vision: We will become the most valued and respected supplier of high grade bauxite through industry leading performance.

ABx has a pipeline for development of bauxite deposits in Tasmania, Queensland and New South Wales. Combined JORC resources currently stand at 124 million tonnes and are expected to increase significantly with further exploration. In total, ABx has 22 tenements covering over 1,975 sq km and controls the most prospective acreage for high quality bauxite along Eastern Australia.

latest presentation --http://www.aspectfinancial.com.au/docserver/01856539.pdf?fileid=01856539&datedir=20170511&edt= MjAxNy0wNi0yMCsxOTo0MTozNSsxMjArNjExMjQ0NDcrZXRyYW RleG1sK3JlZGlyZWN0

Former Tasmanian Labor premier Paul Lennon has shown his confidence in the mining company he chairs by buying 400,000 shares in recent weeks.

http://www.theadvocate.com.au/story/...-bauxite-buys/

Binjour Bauxite Project in Queensland – Application to Government Lodged
Emerging bauxite producer, Australian Bauxite Limited (ABx) is pleased to announce that it has made
an application in conjunction with its marketing partner, Rawmin for a Regional Jobs and Investment
grant for the commencement of the Binjour Bauxite Project in the Wide Bay Burnett region of central
Queensland for the following purposes:....

Not much volume or SP movement on the above ann. yesterday

But different story today 1.2mill traded touching 19c >> market confident off-take agreement coming ?

March 17 -motley fool

Australian Bauxite Ltd (ASX: ABX)

Another high-risk prospect, my investment in Australian Bauxite (‘ABX’) is a cautionary tale for all get-rich-quick buyers of small miners should consider. This is a company that ticks many boxes, with high quality, low cost resources, adjacent rail and port facilities, fiscally prudent management, and a no-cost off-take partnership with a large-scale bauxite miner.

Yet in the ~2 years since I first recommended the company to readers, ABX has been unable to sell large quantities of bauxite due to several factors, including a glut in the metallurgical bauxite market. That could be about to change, with ABX currently stockpiling ore, and several customers in the concrete and fertiliser industries conducting trials with company bauxite. I remain confident in the company’s prospects, but patience is the name of the game......