ANX 0.00% 1.5¢ anax metals limited

Ann: Investor Presentation, page-4

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  1. 70 Posts.
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    Time to sell this dog, drilling started 4 days ago but this investor presentation reckons we'll be exploring/praying for finance until the end of the year and into the next. At that point we'll need another cap raise which will put this at 1 billion SOI (including options to be converted if we ever make it back to 6c). Geoff has pulled the classic "look over there, something to explore!" just like he did last year with the lithium. Funding is not any closer than it has been previously and these clowns just keep spending shareholders cash. This will either go down the drain or be taken over for cheap and investors won't make a single cent. Absolutely rubbish management and they should all be ashamed of themselves
 
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