AXM apex minerals nl
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took a punt on the old dog today watsopositivesno debtcash in...

  1. nk
    3,203 Posts.
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    10/03/10
    16:03
    Post #: 6430964
    took a punt on the old dog today watso

    positives

    no debt
    cash in bank
    unhedged
    big resource base
    management OK

    negatives are high cash costs and various issues discussed here about recent operational disaster

    so its a punt on a turn around story

    as you say

    time will tell

    I wouldnt recommend it a a buy though!

    AXM Price at posting: 2.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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