AXE 1.28% 38.5¢ archer materials limited

archer sells west roxby area tenements, page-10

  1. 959 Posts.
    Much happier with the complete sale of the tenements for the extra $5M cash.

    Those sorts of JV's rarely ever do anything and drag on forever...previous companies that I have held with similar JV's were RXL, AXT, etc. and the JV's didn't do much for them.

    Cash is king, and with $13.5M in the bank and 2 World Class Graphite projects, we are looking very pretty.

    Thumbs up to the management.
 
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