Vancouver has more experience in valuing graphite plays. Down under the ASX has only recently been exposed to the graphite theme, so i expect the AXE announcement today will see a spike traded into by some stake holders. However, the bigger picture will eventually take hold. These results will raise eyebrows internationally in the corporate as well as the investor space. I agree this announcement is a game changer. Once a few stale bulls have taken their exit, next week and beyond this will just keep grinding higher. Unlike some companies, AXE has put the strong foundations in place with the right people and process, and this will see them succeed where others fail, imo.
AXE Price at posting:
21.0¢ Sentiment: LT Buy Disclosure: Held
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