all r screwed, page-63

gself, davo and others, while I don't have a preference for this stock given previously published observations, I suffered an epiphany this AM that hurt

one possible answer for your conundrum is after -
(a) existing heavy investment, and
(b) progressed development, then
(c) playing for a sell off in the AUD that will increase the AUD$POG up into the stratosphere again above AUD $1300/oz.

still a hell of a risk IMO. the AUD/USD ex rate will not just affect AXM, as it will unilaterally benefit all aus gold producers in AUS$POG.

keep one eye on the stock price, one on the news, one on the AUS$POG and one on the ex rate. having bifocals and 4 monitors helps.

it still means AXM is a 6 months play over 2 quarters IMO.