AXO 0.00% 73.0¢ aurox resources limited

Ann: Aurox Considers Joint Iron-Vanadium-Titanium, page-21

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  1. 4,450 Posts.
    lightbulb Created with Sketch. 1668
    re: Ann: Aurox Considers Joint Iron-Vanadium-... Exactly. Go revisit the production costs of GBG and MMX and the other magnetite boys, look at their capital costs, and then plug in any Fe price you want. Aurox comes out ahead.

    But, then realise that no finance means you will get jack shnitzels, and hold off.

    I sold out at 84c. If I have to buy back at 50c after an announcement of financing, so be it. I'm not buying at 30-35c with downside risks in this thing.
 
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