Sorry, a made an error in my calculations, while the cash margin has reduced by quite a bit i would say they are still going to make a fair bit of dosh @ 200.000 oz yr
Davo, have you run the ruler over AXM lately, i would be interested in what you think their margins will be in the current climate.
I did some calcs earlyer and divided the wrong figure and decided that we were in trouble.
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