AXM apex minerals nl
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120k oz per annum as targetted....excellent!margin is around...

  1. nevcop
    1,547 Posts.
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    05/03/09
    12:04
    Post #: 4868918
    120k oz per annum as targetted....excellent!

    margin is around $600 per ounce target.

    cashflow should be in region of 72M.

    Aiming to expand to 200k ounces pa then we will really be flying....especially when the 75k oz hedged are gone.

    In short, currently trading at p/E of 2, and aiming for P/E of 1.

    What's not to like?
    AXM Price at posting: 27.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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