Davo I think your comparison with PBG is not entirely...

  1. 2,535 Posts.
    Davo I think your comparison with PBG is not entirely accurate.

    Totally different companies in different entities.
    Much more was known about PBG, its books and operations and easier to calculate fair value.
    Meanwhile AXM we can't even confirm costs of production (yet) and rumours flying which we have no way of verifying or debunking, where as with PBG there are tangible stock, factories, contracts etc. all out on the table.

    Chart looks bad, lots of unknowns, too risky for me.

    Happy to miss the first bag of a multiple bagger if it means that facts are on the table, costs, available reserves and production confirmed.
 
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