Dec 14 (Reuters) - American Pacific Borates Ltd ABR.AX :
* PROGRESSING SECONDARY LISTING ON NEW YORK EXCHANGE
* WORK UNDERWAY TO RE-ENGINEER EARLY FORT CADY BORATE MINE PHASES TO BRING FORWARD EBITDA
* STRONGER EBITDA PROFILE IN EARLY YEARS EXPECTED TO BE POSITIVE FOR US LISTING GIVEN US PEER VALUATIONS