ANX 4.55% 2.1¢ anax metals limited

Drill results were bad.They blew too much money on a tight drill...

  1. 116 Posts.
    Drill results were bad.

    They blew too much money on a tight drill program without doing the Met test work.

    Bene grade only 35% is borderline. Need 37-38% to be a serious contender, especially with the depth = more stripping.

    Not many sig Mn hits considering the sheer number of holes drilled.

    I think a lot of the sell down was based on investors realising the Mn was not good, better luck next time.

    I am lucky I sold out earlier, no hard feelings to company.
 
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