AXO 0.00% 73.0¢ aurox resources limited

Zhang is a director of AXO, he owns RockCheck, one of the...

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    Zhang is a director of AXO, he owns RockCheck, one of the largest privately owned steel mills in china.

    he is building a new refactory that can use the balla balla ore, so he can get the vanadium out of the concentrate as well. he will get around 30,000 tonnes pa of V2O5, the current spot price for V2O5 is $40,000 AUD per tonne. RockCheck and Hebei/Chengde are only paying the fines price for the concentrate, ie they dont pay for the V2O5.

    so when you see a chinese still mill buying millions of shares on market and the price does move you have to ask yourself who is keeping the price down and for what reason?

    corporate activity is happening and no one is watching.
 
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