AXE 0.00% 29.0¢ archer materials limited

Ann: Strategic review of options for non-graphite assets, page-5

  1. 90 Posts.
    lightbulb Created with Sketch. 14
    Reasonable points but why not solicit an open tender bidding process for farm-in on the tenements AXE hasnt really got the money to exploit with a decent smelter royalty and a retained %? BPL spun off COB and the revenue will be company making - although bet they think they should have kept a free carry % as well. Tying the AXE ship to graphene is only one option.
 
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