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07 April 2011
Albidon Limited: REVENUE GROWTH AND DEVELOPMENT CONTINUES
Revenue from production for March 2011 was in excess of US$7,000,000 and this represents a 50% increase above revenue for the average of January and February 2011. In addition to this, the March sales revenue represents an increase above the 2010 revenue average of 79%.
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For more information about Albidon and it's projects please visit our website at www.albidon.com or email info@albidon.com
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12 Walker Avenue West Perth, Australia 6005 / Ph: +61 8 9211 4600 / Fax: +61 8 9211 4699 |
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Albidon Limited
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PRODUCER |
CODE : ALB.AX |
ISIN : AU000000ALB8 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Albidon is a nickel and palladium producing company based in Australia. Albidon produces nickel, palladium, copper and platinum in Zambia, develops uranium in Zambia. Its main asset in production is MUNALI in Zambia, its main asset in development is GWABE (CHIRUNDU) in Zambia and its main exploration properties are LUWUMBU and SONGEA in Tanzania, LUANO VALLEY, CHISEBUKA, KARIBA VALLEY JV, NJAME and CHIRUNDU JV in Zambia, SELEBI-PHIKWE in Botswana and HAFFOUZ and NEFZA in Tunisia. Albidon is listed in Australia and in United Kingdom. Its market capitalisation is AU$ 19.5 millions as of today (US$ 12.6 millions, € 11.8 millions). Its stock quote reached its highest recent level on May 30, 2008 at AU$ 5.10, and its lowest recent point on March 13, 2009 at AU$ 0.03. Albidon has 349 071 837 shares outstanding. |