I think some sort of deal with AGO is always a real possibility. If AGO wants to grow, it could do worse than having AXO in it's back pocket with the said port facility plus a mine ready to go with 6Mt pa off-take agreements, just waiting for credit conditions to improve (and AGO having the ability to wait it this credit crunch).
The potential for deals & M&As between the likes of AGO, MMX, MidWest (Sinosteel) and AXO must be very high.
I would be very surprised if AGO hasn't been sniffing around.
AXO Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
