guys,
no matter what AXO does, it could not solve the problem yet
i.e. UNREASONABLE $1 billion capex in global deep recession
don't focus on small progress, the most important is still the $1 billion capex. How can it get the finance?
Does Schaus has any meeting arrangement with the banks? Of course NOT since nobody fool as mine considering to finance an junior for $1 billion. Whenever there is any chance, they want trading stocks in the market. It seems danger but it may be the best way to buy time or attract ASIC's attraction. If ASIC find something wrong, AXO will be in suspension. It will meet the manipulators expectation since they want to find an excuse to a suspension. Then Chinese will have enough time to make an offer in bull market at $0.15 or wait for administration in a bear market after the other 3 months.
It would be very clever.
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