Asia Broadband Revenue Growth Fundamentals Strengthen As Samsung EV Battery Sets The Stage For Silver Rally
ASIA BROADBAND INC (AABB)
NASDAQ:AMEX Investor Relations:
asiabroadbandinc.com/investor.html
Company Research
Source: GlobeNewswire
LAS VEGAS, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has been thrilled with the rise in gold and silver prices this year and the corresponding increases to AABB’s quarterly net income. Additionally, the recent news that Samsung plans to mass produce a next generation electric vehicle (EV) battery that requires silver could have a major impact on AABB’s revenue growth if silver prices rise as expected. Approximately half of the Company’s quarterly production is silver, which will expand immensely when the new ore stockpile processing plant begins throughput operations in Etzatlan, Mexico. As silver production rises in the near future, AABB will evaluate the accumulation of silver bullion for investment appreciation and for a proposed silver-backed token. https://www.kitco.com/news/article/2024-08-19/silver-set-soar-samsungs-solid-state-battery-breakthrough-analysts “The strength of the pre
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News
- Asia Broadband Begins Strategic Development Of Silver-Backed Cryptocurrency, as Mining Operations Silver Production Expands and Silver Price Fundamentals StrengthenGlobeNewswire
- Asia Broadband’s Next-Generation AABB Wallet To Integrate Universal Payment Tools For MerchantsGlobeNewswire
- Asia Broadband’s Billion Dollar Gold and Silver Ore Stockpile Processing Plant Completion Expected In Q1 2025GlobeNewswire
- Asia Broadband’s Next-Generation AABB Wallet Featuring AI Technology Nears Completion For Expected Release In Q4GlobeNewswire
- Asia Broadband Gold Production Continues Upward Trend For Third Quarter, As Ore Stockpile Processing Plant Advances Towards CompletionGlobeNewswire