These results are outstanding.rember Pat Volpe used to be...

These results are outstanding.
rember Pat Volpe used to be tungksys old boss when he set up Acap resources in Boitswana and brought tungksy in as his geo. Pat has more histiry of producing big winners than tungksey.

AC88 i think AXL have around A$11 mill in the tin - they just raised A$13 mill and havnt used so much -so plenty of money to keep drilling during this down period in REE and Li.

so hers the facts as far as i can see.
1. AXL has more land in and around the caldera than MEI
2. AXL is getting better (or as good) early drill results as MEI ever did
3. AXL has proven competant management who have all created Disallowed stocks before.
4. AXL has a load of other ree and Li proven prospective lands in Lithium valley in minas gerais- Mei does not.
5. AXL has plenty of cash in the tin
6 MEI has a 2.2 billion shares out (cumbersome) and a market cap of A$220 mill (was A$ 500 mill when ree was more in demand) it has A$20 mill cash so it has an EV of around A$ 200 million for its caldrea plots and project - AXL has 180 mill shares out (haf still escrowed) and a market cap of just A$18 mill with A$ 10 mill in the bank so it has an ev of just A$ 8 mill for its lands and project in the caldera (and all its other propective sites in brazil)
7. there is no logical reason why cashed up, equally as well managed, with more land and better results -AXL should have an EV of just 4% that of Mei.
8 mei is about 20 months ahead of AXL in exploration.
9. by any rational logic one of two things must happen if these drill results keep coming in like this
a) AXL will move up to parity (or even 50% of parity) with Mei - this means an AXL shareprice of around 50cents to 1$ or
b) Mei collapses down to AXL levels
10- given the current drill results and previous soil sampling I think the former is far m ore liklley than the latter>
11. if we have to wait 20 -24 months for AXL to ten bag from 10c to around 1$ thats fine for me as it would represent around a 500% return per year. I dont know where else to get 500% a year sitting on my ass waiting
12. If the US govt does give this speculated USD 250 mill grant to MEI (as in their annual repost) after their PFS is out then all the attention will come back into the cldrea and efficient marklets will drag AXL up too.
13. if lunatic trump does get in and puts tarrifs on china and they retaliate by cutting off the rees supply to us then more attention will come to the caldera and effiicient markets will drag AXL higher.
14. Or lastly if nothing happens - most REE miners are now unrprofitable and production will stop and low and behoild the REE prices will rise again - and efficient markets will drag both MEI and AXL higher.

so im ok sitting here waiting a bit-