Yes it is HKP....But I suspect that with Archer updates...

Yes it is HKP....
But I suspect that with Archer updates throughout the year it gives pitt-street research the opportunity to update this report and in turn lift the valuation accordingly.
ATM it values AXE between 60 cents and $1.... now after this update it could raise this valuation each time, we get closer to a marketable product.

I know some have been sceptical of this report but I believe it's helped Mo market Archer to investors/brokers etc in recent months (hence the buying over the last 4 weeks).

Getting close to that 56 cents mark this morning with some good buying orders already gone through and more hitting the boards which is great to see.