AXM 0.00% 1.1¢ apex minerals nl

Hi guysyou can count me in as quietly optimisticYes the selling...

  1. 7,675 Posts.
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    Hi guys
    you can count me in as quietly optimistic
    Yes the selling of late is a bit of a concern
    I tend to think that if there was a significant hiccup at the plant then we would have seen an announcement (is that naive lol)
    Reading between the lines some posters have intimated that the sell down could be a result of some sort of divorce settlement?? if true one could assume that the quarterly will contain no unpleasant surprises and that the selldown is temporary.

    Seems that the selling has been soaked up by buyers and we have seen the stock bounce strongly from these prices before.

    Yes production has been a little delayed but i agree that so far they seem to be on target to produce around 100k Oz pa, and this is forecast to ramp up to approx 150k oz pa
    looks very cheap to me and have made 3x buys in the last 3 weeks
 
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