Under the radar has just released a spec buy recommendation on ABV at current price levels. Bear points being the mining business is in decline, small float and a solvency risk v bull points being close to commercialisation, its funded and has great technology thats proven in the mining industry. (none of these being new news to long term holders I would assume)With the City of Swan indicating this technology would be advantageous in the tender, ABV should be in the box seat. It they can a foot hold into the Australian garbage truck market then a slice of the $M60 revenue oppotunity is up for grabs, from there on who knows.
We can get misty eyed if it is taken up by the American industry, bearing in mind it is slated to have a loss of $M1 this year due to expenses in getting this to the truck market.
GLTA
DYOR blah blah thing
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