well, well.
how long have management at AXO known that Hebei wasnt going to help fund the project? surely all their stories to suck in investors should be reported?
i doubt that Hebei just decided today that they were not going to invest, surely they would have told AXO this? if so why wasnt this announced to shareholders to make an informed decision? maybe some shareholders like Indus already knew and were selling on that news?
management of this company have just about lost all credibility.
for all the stories about financing etc, this just goes to show that these guys really have no idea. it would be nice to hear news about potential partners from AXO rather than some chinese website.
i would like to know why Hebei halted discussions with AXO, were management poor, is the product poor, was the deal on offer from AXO not good enough, what was offered and when?
im going to a hold on this stock now. if we dont get some news on funding in the next few weeks i will move to a sell.
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