Yes I can see your view but on the other hand AXE is undervalued...the sum of the parts imo far exceed the the current MC...they cannot do justice to all their assets..Ketchalow for example has 20 km of under explored prospects...just on of these projects will suck the money out of AXE and require CRs ans SH dilution...it is only a review at this stage by an independent body ...these assets are potentially worth a large amount of money developed...but how long will that take...at some time they will need to come to a similar decision whether in 2,3or 5 years time.
AXE Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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