Ann: Investor Presentation, page-9

First 9 Last

Share
Profile

Follow
chartrader

1,865 Posts.

462

23/07/24

17:19

Post #: 74878449
Share

Originally posted by Bargainstocks01: ↑

Gents if we look at this rationally - this market pricing looks pretty crazy to me.
I've done my research and IMO in their 4 projects in Brazil IMO AXL will likely prove to have a far bigger resource than all their three main competitors put together> so far only limited rock sampling and test drilling -but so far every hole drilled and 100% of every sample taken form everywhere in all their plots so far have been richly mineralised.DYOR-!

1, Caladao not only is AXL prospective for rare earths in their Caladao Project in minas gerais (TREO at up to 7,612 at surface)-but also for Lithium. And looking ahead at the length of their strike this could be a resource of up to 1 billion tons
2. Caldas - in and around the calda de Pocos AXL have more land than MEI and cash to drill - so far all samples so far are comparable to MEI -so why is MEI at A$ 250 mill mc and Axl and 8% of that?- nonsensical IMO
3.Itiquira project -looks like a new calda de pocos caldera and AXL have rights to almost all of it.
4.Corriente Project - this looks to me like it could produce Niobium like the projects around it.

with all these vast areas AXL looks to me like its going to be a giant IMO and IMO currently the ignorant/scared market is pricing this company with no real idea of the potential of the assets they hold - n@The Player mate I think you have just got yourself a bargain deal at 12 cents you can tell your grandkids about. below let me post these figures I just saw posted on the 2portfolios site - they are calling this sock as a buy.

BRE - (resource). MC A$264 mill - Cash approx A$24 mill = EV A$240 million
MEI (resource) MC A$238 mill - Cash approx A$23 mill = EV A$214 million.
VMM (no proven resource yet). MC A$51 million Cash approx A$6 mill = EV 46 million

Yet IMO AXL who if you know much about the areas they are in have more prospective land than all three above put together - with A$13 mill cash raised and announcing they are about to go drilling in 2 weeks are:
AXL (no proven resource yet) MC A$20 million.- cash approx A$13 mill = EV A$8 million ??

IMO this stock is being seriously mispriced so - its time to balls up step into this mispriced market and buy-lets examine why?
- sentiment in the whole junior resource market is rubbish right now
- sentiment in the REE sector is rubbish right now (since Mei's scoping study)
- sentiment about Brazil plays now is rubbish -see how they have all dumped there recently.
- AXL's three main "competitor" stocks have all been smashed almost in half over the last 8 weeks - and still, they are waaay above the EV value and MC of AXL
This is the contrarian buyers' dream stock here (or lower) - a new stock - a misunderstood stock in a crap market sentiment period - highly undervalued -with panic selling from some retail punters who have no real idea about what they just bought.
As they say in the resource markets -you are either a contrarian or a Victim.
After many years in this junior end game say "Buy em when you hate them- sell em when you love them"
There's an awful lot of hate going on for AXL right now so no me its a market bottom
- How much lower can this go? IMO -not very
-how much higher can it go? IMO -Very.
Small downside big upside - bottom of the market IMo - what's not to like down here? if you are a bit patient and DYOR? so ...I say .fill yer boots- take a longer-term view and sit back and enjoy the ride..

Expand

Like I said...probs a buy between 10-12c.

But don't flog a dead horse...there are Treo's in clay all across Brazil. It does not mean this is worth anything special.
And unless you've been to Brazil, you really have no idea of the potential of one area compared to the other.

AXL Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

FFM

Firefly positioned for copper growth in Canada ahead of resource update

CC9

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 36 more messages in this thread...

First 9 Last

Add AXL (ASX) to my watchlist

(20min delay)
Last 9.0¢		Change -0.003(3.23%)		Mkt cap ! $6.920M

Open	High	Low	Value	Volume
9.0¢	9.0¢	9.0¢	$1.799K	19.98K

Buyers (Bids)

No.	Vol.	Price($)
1	13347	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	20000	1

View Market Depth

No.	Vol.	Price($)
1	13347	0.090
1	149789	0.089
3	105487	0.088
1	25000	0.087
1	25798	0.086

Price($)	Vol.	No.
0.092	20000	1
0.093	31830	1
0.095	100000	1
0.096	80000	1
0.097	29166	1

Last trade - 11.57am 03/10/2024 (20 minute delay)

AXL (ASX) Chart

Ann: Investor Presentation, page-9

Firefly positioned for copper growth in Canada ahead of resource update

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Investor Presentation, page-9

Top Stories

Firefly positioned for copper growth in Canada ahead of resource update

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News