Ann: Investor Presentation, page-8

Gents if we look at this rationally - this market pricing looks pretty crazy to me.
I've done my research and IMO in their 4 projects in Brazil IMO AXL will likely prove to have a far bigger resource than all their three main competitors put together> so far only limited rock sampling and test drilling -but so far every hole drilled and 100% of every sample taken form everywhere in all their plots so far have been richly mineralised.DYOR-!

1, Caladao not only is AXL prospective for rare earths in their Caladao Project in minas gerais (TREO at up to 7,612 at surface)-but also for Lithium. And looking ahead at the length of their strike this could be a resource of up to 1 billion tons
2. Caldas - in and around the calda de Pocos AXL have more land than MEI and cash to drill - so far all samples so far are comparable to MEI -so why is MEI at A$ 250 mill mc and Axl and 8% of that?- nonsensical IMO
3.Itiquira project -looks like a new calda de pocos caldera and AXL have rights to almost all of it.
4.Corriente Project - this looks to me like it could produce Niobium like the projects around it.

with all these vast areas AXL looks to me like its going to be a giant IMO and IMO currently the ignorant/scared market is pricing this company with no real idea of the potential of the assets they hold - n@The Player mate I think you have just got yourself a bargain deal at 12 cents you can tell your grandkids about. below let me post these figures I just saw posted on the 2portfolios site - they are calling this sock as a buy.

BRE - (resource). MC A$264 mill - Cash approx A$24 mill = EV A$240 million
MEI (resource) MC A$238 mill - Cash approx A$23 mill = EV A$214 million.
VMM (no proven resource yet). MC A$51 million Cash approx A$6 mill = EV 46 million

Yet IMO AXL who if you know much about the areas they are in have more prospective land than all three above put together - with A$13 mill cash raised and announcing they are about to go drilling in 2 weeks are:
AXL (no proven resource yet) MC A$20 million.- cash approx A$13 mill = EV A$8 million ??


IMO this stock is being seriously mispriced so - its time to balls up step into this mispriced market and buy-lets examine why?
- sentiment in the whole junior resource market is rubbish right now
- sentiment in the REE sector is rubbish right now (since Mei's scoping study)
- sentiment about Brazil plays now is rubbish -see how they have all dumped there recently.
- AXL's three main "competitor" stocks have all been smashed almost in half over the last 8 weeks - and still, they are waaay above the EV value and MC of AXL
This is the contrarian buyers' dream stock here (or lower) - a new stock - a misunderstood stock in a crap market sentiment period - highly undervalued -with panic selling from some retail punters who have no real idea about what they just bought.
As they say in the resource markets -you are either a contrarian or a Victim.
After many years in this junior end game say "Buy em when you hate them- sell em when you love them"
There's an awful lot of hate going on for AXL right now so no me its a market bottom
- How much lower can this go? IMO -not very
-how much higher can it go? IMO -Very.
Small downside big upside - bottom of the market IMo - what's not to like down here? if you are a bit patient and DYOR? so ...I say .fill yer boots- take a longer-term view and sit back and enjoy the ride..