a bit of info about rockcheck and dir. zhang

In 2007, RockCheck's revenue is AUS$3.7b, Tax Paid AUS$450m, and net profit: AUS$240m.

It is 100% owned by AXO's director Mr Xiangqing Zhang and his family.

Mr Zhang became an orphan of 1976 China earthquake when he was only 8 years old. He started his metal recycle business in 1991, and gradually through lease and buyout state or bankrupt private owned steel mills from 1999.

His personal worth is estimated at AU$$2b. Recently, he donated AUS$16m to the victim of the latest Chinese Earthquake, become the No1 private Chinese donor.

Well, I reckon RockCheck has the capability or credibility to help AXO with the capital needs if required.