no i don't mate, the parrot has been sqwarking for some time. He first raised this point when the company had not entered commercial production, hence costs weren't released.
We all know AXM's costs are high, thats old news, they were working through that and still making a small amount of money however the problem occured when they couldn't get the ore out. Production stopped and there was no cash flow.
If anyone thinks that by bringing 3 new zones on cash costs will miraculously drop to $500 they are dreaming, costs will still be high as they work through BUT AXM will still be able to make money imo.
regards Davo
AXM Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
