ANX 9.52% 1.9¢ anax metals limited

Ann: Corporate Update - Whim Creek Project, page-65

  1. 179 Posts.
    lightbulb Created with Sketch. 48
    I would be expecting (or want) a higher appreciation then 50% given free cash ~$520M over 8 years, EPS / year ~11 cents (rough calculations) and add in the potential to be a "processing hub" - 50/50 split on profits after costs wink.png

    It sounds like their bio-leaching extraction of copper from crushed ore saves them a bucket load of $$$ giving them a crazy low ASIC == US$2.23

    The sell walls seem to have disappeared - and "they" are triggering trailing stops. I want to sell half and buy back lower but concerned about funding news dropping at any moment. I would like them to get funding from multiple sources - spread the risk rather than relying on one? ..........
 
watchlist Created with Sketch. Add ANX (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
-0.002(9.52%)
Mkt cap ! $13.16M
Open High Low Value Volume
2.1¢ 2.1¢ 1.9¢ $22.29K 1.115M

Buyers (Bids)

No. Vol. Price($)
2 329099 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 118016 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
ANX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.