Major steel mill on the prowl for AXO shares as we speak
AXO Needs funding to develop mine. Around 1 billion in total but less for stage by stage production
AXO has major V2O5 grading
AXO is close to ports
AXO has all the boxes ticked except funding. They are a sitting duck for a takeover. Even Swan said that companies that need foreign capital to start up can have it under new firb rules (which by the way are now out the window)
AXO is dirt cheap at $26 million capitalisation.
1 billion tonne resource plus 0.65% vanadium grading. One of the best in austraila.
AXO Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
