becomming concerned, page-13

The market is the problem and people are losing confidence in the ASX, Europe, USA and a lot of other stuff. If this had of been on X-files 15 years ago, it would have been treated as pure conspiracy hocus pocus. Nobody would believe the mess the world is in today!

So on to AXE...clobbered by badly worded announcements, that only professionals in the field would make really understand. Co does not try and bridge the gap between geos and mum and dad investors, and to be honest, we still don't know how well they were perceived by recent roadshows and whether any interest is out there.

Then graphite...yes we have it, but from what I understand the market is small, and relies on partnership or offtake agreements. It would be very nice if:

1. Resources are announced and grades/flakes spelt out
2. Costing provided for commercialisation
3. Offtake agreements identified (once product defined)
4. Path of production announced.

My guess we are some time from ticking all the boxes, so yes sp will go up and down on European whims. I think we already have next scream movie storyline - The financial rollercoaster ride from hell and I am not talking AXE, but the whole box and dice on the ASX.

My guess is AXE will not be worried about share prices at all. They are focussed solely on growing the resource and making a business. Whether or not this bites them in the toosh later as investors get annoyed with the lack of branding, is another story.



amok