AXE 2.33% 42.0¢ archer materials limited

Ann: Carbon from Archer's graphite deposit boosts plant growth, page-12

  1. 3,815 Posts.
    Out of interest TJ, was the part (All AXE has to do, etc), underlined by you, or by Robin?

    As an aside, Leigh Creek.... Three main options keep hitting me. Of course there could be more.

    With the amount of time it seems to be taking to see something concrete re. the 'several interested parties', just some thinking out loud from me.

    1/ There's no interest at all. (Don't believe that for a second ..... but it is the stockmarket and I s'pose anything is possible).

    2/ Interested parties are offering way too low a price..... and HQ aren't even considering said offers for the time being at least.

    3/ Said interested parties have now made the competitive tension so taut that the successful purchaser will come away with a great project... and AXE shareholders will see the SP rise like a coiled spring being released.

    Options 2 and 3 both strike me as posssible/probable.

    But which one is the true state of play?

    Oh the waiting
 
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