ROFL - I know it's not going to happen but like I said - best case scenario.
The reality of mineral exploration companies is that this is how they function; drill core with 15m gold intercepted at grades of 5g/t and kaboom 40% share price gain & into TH.
Quantum computing & biomedical sensors can't be promoted like Lassiters Reef based on a single drill core result - it's a grind of testing, developing, stage by stage progression which all costs money and often delivers very little "razzle dazzle" to underpin a CR.
The lodging of the patent is a positive update, the patent being granted will be even better.
Cash management seems pretty good considering that as I said above they are in a couple of fairly cost-intensive spaces at the moment and the truth of the matter is that if any of the current AXE projects are viable they should (and most likely will) attract a number of interested commercial partners to fund most of the big ticket costs involved in getting something to market.
Baby steps.
AXE Price at posting:
19.8¢ Sentiment: Hold Disclosure: Held
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