AX8 accelerate resources limited

Wow... I'm not going to bite on that one - it's getting a little...

  1. 19,197 Posts.
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    Wow... I'm not going to bite on that one - it's getting a little out of hand.

    Circling back to the project & company...

    They started drilling their Cobalt prospect on 6-April & today announce that they're picking up 3 additional EL's in the surrounding area... make of that what you will.

    It's tightly held, small number SOI, solid cash levels (around 4m) & trading at a very cheap (IMO) EV of sub 5m.

    I'm in for a punt as the Cobalt specs look solid & any hint of the historical replication should see a healthy re-rate

    The below screenshot is from the Investor Presentation released 20-Feb for the newcomers.

    upload_2018-4-17_11-7-51.png
 
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(20min delay)
Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $6.537M
Open High Low Value Volume
0.9¢ 0.9¢ 0.8¢ $845 98.05K

Buyers (Bids)

No. Vol. Price($)
3 265276 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 1525022 4
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Last trade - 14.02pm 01/08/2025 (20 minute delay) ?
AX8 (ASX) Chart
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