Ann: Aurox Considers Joint Iron-Vanadium-Titanium, page-19

re: Ann: Aurox Considers Joint Iron-Vanadium-... Well spotted, Plucker. Has anyone read the original Petra Capital report? I'd like to know why they don't recommend AXO as a "value buy".

If they reckon AXO is fully valued at the current 30c to 35c price range then they must know something we don't. What is it?

There are 30 ASX iron ore stocks on the MiningNews.net watch list, not the 21 (excluding BHP & RIO) considered by Petra, so they might not have considered AXO at all. That's also a depressing thought.

Then again, 99% of analysts I've ever encountered are clueless wxxkers so maybe we shouldn't worry about it too much.