not in trouble mate. off the cuff i think costs where 560, we...

not in trouble mate. off the cuff i think costs where 560, we are still in the green at todays prices.

i'm tipping gold will improve by the time we hit production.

as long as we keep proving the stuff in the ground and increasing resource i'm happy. Management are forward thinkers and would have stand-by plans to stage production or even sales in the future and make the most of POG.

but i am still a believer that gold is yet to have its day, imo we have not yet seen a gold bull market, there has been two spikes and since then the powers that be globally have manipulated it to the hilt. Once they cover most of their subprime losses and position themselves again it will skyrocket imo. By then AXM should be in prime position as one of australia's biggest producers and take full advantage of it.