Ann: Commencement of Drilling Programs at Mt Kilkenny, page-2

Interesting to see the DFS workstream reporting starting to get up and running. No real movement in the SP at this stage and I've noticed there is little to no discussion on this stock whatsoever. With AXN being one of a few Ni laterite hopefuls in the market currently with small market caps and giant capex programs it will be interesting to see if the market starts to pay any attention. This company has done almost zero marketing and yet seems to indicate they are going to get to FID in early 2024. Even with a very generous debt to equity ratio of say 60:40 that leaves a large equity hole to fill with a very small market cap. Interested to hear thoughts on this? They have the right products at the right time but I just don't understand why they are so invisible when other companies are out at every conference and marketing the crap out of themselves?