looks like a bottom has formed

with the Euro and US markets both stronger over the past few days i am calling a bottom in the markets.

i expect that AXO will probably head towards the mid $0.90's now and then higher as we get to the date when an announcement on finance is expected.

i would also expect the announcement in relation to the new resource to be given to the market and would be looking for around 350mt of JORC compliant resource.

these will all be positive catalysts to a rebound in the price.