ANX 8.33% 2.6¢ anax metals limited

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  1. 6,707 Posts.
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    Look in 18 months sky is the limit here, DEG moved very quickly once institutions bought in big after they found a big discovery, but Anx already has most of the infrastructure in place , $70 million is very cheap to set up , a few people were saying there might be a cost blow out but I dont think that will happen, you can see why Deg cost over $500 million to set up every thing is new starting from scratch, the beauty about the Pilbara there is no sovereign risk like in some south American countries and Africa of course.
    I have a feeling funding will be in place by the end of the month imo .
 
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