AXE 3.17% 32.5¢ archer materials limited

basket case, page-34

  1. 7,432 Posts.
    Actually it seems the EYRE Peninsula wet season is in Winter so December/May is available for drilling.
    Also the Average Rainfall for a season is less than 100mm total so it's not monsoonal like east africa and doesn't hamper drilling [or production]. AXE has no geographical impediments to full year operation.It doesn't freeze or flood.

    Anyway AXE has completed enough Campoona drilling to supposedly issue a maiden Jorc.
    Now with this weather info it seems they'll be able to "do" Sugarloaf in the coming months drilling.

    I noticed that the SER/MegaGraphite deal has been postponed maybe could get canceled.A pity but perhaps the set back to a nearby competitor has a silver lining?

    Who knows but it's good news that results issue next week.
    AXE really needs defined Results of it's project to confirm early production./
 
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