i think this sums it up

Speculative Buy rating given to AXM in Sunday Times by Alan Hill from state one.

"In the March quarter AXM produced 17,000oz of gold.
In April production rose to a rate of 120,000oz a year.
Financial results for that month will be released seperately.
AXM enjoyed significant institutional support before commissioning of the Wiluna plant but operational issues meant supplementary funding was required which led to the stock being sold down savagely.
With problems now resolved current weakness provides a buying opportunity."



think that sums it up perfectly and depending on what is in this April report card we may see the speculative replaced with a straight out BUY.

fingers always crossed,
Davo