Ann: Wiluna Sale Update , page-4

thoughts???

Costs monthly of $4.5m on going
Current plant yield 80%
3,500oz x$1333 = $4.65m
If the extra 500oz x $1333= $.65M
Current gold price at time of writing $90 higher = $.36M
$1m /m for the next 2 months as stated.
If they ever see the $5m from Younami,which i am sure they will this time around,then they will have the $6m they originally tried to get with the last funding failure without the dilution it promised.
Add 5% to the yield if plant maintenance is caught up,it is another 200oz production and $266k to $290k each month.
Add some outside ore, such as that million tons worth of tailings sitting there by the plant that they successfully trialed processing and they are just 6 months behind Mr Ushy’s original plan delayed thru lack of funds..

Last Wimper ??????? or crawling out of the cesspit.

Then again lets up the gold price by another $50-$100 over the next week or so and what does that make AXM worth????

Todays rise was $A40 on my screen.
These NEW directors aren't here just for their piffling fees that's for sure.