AXO aurox resources limited

to suggests that bank have stopped lending is not correct. banks...

  1. 1,839 Posts.
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    to suggests that bank have stopped lending is not correct. banks lend, thats what they do. Construction companies build stuff, BHP digs stuff out of the ground and banks lend money to people in return for fees. NO LENDING, NO FEES! NO FEES NO PROFITS.

    I don't believe that any sensible analyst would suggest that banks will never lend again.

    In Australia, the main game is resources, and it needs the capital, especially this project. No sensible bank worth their salt would turn this project down.
 
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