Thanx for that nich.I was quoting from their more recent release...

Thanx for that nich.

I was quoting from their more recent release on the 30th October which states...

Inital production 150,000 oz per anum ramping up to 200,000 oz per an.

Medium objective 500,000 oz per anum

Total conservative margin A$600 per oz.

I was projecting 1 year forward BUT hey your figures are ok to. If they do in fact start with 100k and soon increase it to 150k still equates to sales of $150 mil per year.

For my purchase price in the low 20's there is no way anyway is getting my shares for less than 3 digits.

By this time next year we will be there.
The great US of A is stuffed and almost bankrupt with trillions in debt.
There is no way that the price of gold will be trading at less than A$1000 going forward from here which bodes well for us AXM'ers.

With todays 30% rise there may be short term profit takers and it may go lower again. After all those who picked the very bottom of 20c made 50% in a few days so human nature may take over
If so I'll be happy to gather some more.
The more I look at this the happier I am.