AXM
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0.00% 1.1¢ apex minerals nl

The Chinese will pick this up for a song now. Great lesson here...

  1. dargie
    4,510 Posts.
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    01/07/13
    14:27
    Post #: 11949862
    The Chinese will pick this up for a song now. Great lesson here in how not to negotiate with the Chinese........

    Give an overseas investor an exclusivity period to buy a mine clearly struggling and then they do nothing in the exclusivity period and wait for the company to fail.

    Then they are free to pick it up for a fraction of the price they originally said they were considering.
    AXM Price at posting: 1.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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