AXO aurox resources limited
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At current prices, the only investment AXO need from Hebei is...

  1. radiant321
    1,837 Posts.
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    09/03/10
    19:07
    Post #: 6426176
    At current prices, the only investment AXO need from Hebei is the US$2-300m a year revenue they have committed to pay for the 3mt iron ore they are going to buy. Buying into the project is an offer to reduce their input costs, but if they decline it, pity them...
    AXO Price at posting: 27.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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