I think AXM is hanging by a thread. They are not producing enough to make a profit, they are still burning cash, they have an issue with a road that will delay things for months, and if they have another breakdown it may finish them off.
I don't think people realise what a precarious situation we are in, also if gold does a temporary dip, which is possible, Apex could be extinguished.
Ann: Wiluna Update , page-18
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