AXO aurox resources limited
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anyone can explain why 1 billion capex in bear

  1. goodfool
    46 Posts.
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    08/03/09
    16:42
    Post #: 4879289
    hi everyone,

    who can explain why Charles insist $1 billion capex in recession?

    Who will pay $1 billion? Must be ABN since it issued report target at $1 before. Unluckly, it reached $0.08 before going to $1. It scares me as a target $0.30 that means its price will drop to $0.02!!!

    WHY is the capex $1 billion since BHP write down $4 billion project making many job lost in WA.

    Who will buy machines from contractor anymore. Is it still expensive?

    Charles must know...He is the GOD of AXO.
    AXO Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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