AXM 0.00% 1.1¢ apex minerals nl

please tell me this is cheap, page-29

  1. 19,708 Posts.
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    Ugly

    Working on basis of 120koz sold.

    All broadbrush calcs being used, but even using miss rate of 10% i come up with an SP of 0.45.

    hence i believe 0.45 would be fair value.

    But we need some clarity from management before we assign that value.
 
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