ANX
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10.5% 2.1¢ anax metals limited

I've just started sniffing around now. Assuming your numbers are...

  1. PetrStiff
    632 Posts.
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    16/08/23
    23:35
    Post #: 69382781
    I've just started sniffing around now. Assuming your numbers are right i wouldn't be so quick to judge. This is in the study/development phase. Cash needs to be consumed on intellectual capital to build things and find commercial means to mine. DFS and metrics look robust at a glance (except the assumption of $4.3/lb copper price) so there shouldn't be much cash burn on drilling?

    i literally only looked at this for like 10min however...
    Last edited by PetrStiff: 16/08/23
    ANX Price at posting: 5.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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