re: Ann: Aurox to amend terms of note to perm...
Note holders
The 30 % left holding wont get you 100 % of the mine if AXO goes under.
You will find now that AXO can get funding. This funding will be over the mine and the note holders will be stuffed.
Thats why these notes are called unsecured. You can bet AXO mgmt will marginalise noteholders from now on to make them come around. The fundies can see it. You should to.
Why risk it. !!
Take the 25 cents and 14 cents plus interest already paid and make AXO a strong company.
In 12 month you will be laughing.
Funny if the heads went to 1.50 by then and you were stuck with the 95 cents . LOL
AXO Price at posting:
12.0¢ Sentiment: None Disclosure: Held