Yeah I have to agree with you CT ..the oil price isn't high enough (from AUS GOS director I briefly talked to an hour ago)
to at this stage look to take oil from the ore
So I think your right in that AXF will be testing near surface oxides with the lowest amounts of HC content to nil like the "wad"
it will be a smaller resource but could well be converted into solid earnings from a low CAPEX outlay...
Ann: Trading Halt, page-34
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