ANX 0.00% 1.9¢ anax metals limited

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  1. 172 Posts.
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    There are 3 or 4 potential lines of funding: metal traders, mining funds, off take (prepay) and of course shareholders (ouch)

    So one of these could come good by the end of the month - I will "guess" metal / commodity traders since Geoff met them in Switzerland a few weeks age. Anyway, just a guess ..........

    They had a touch over $3.0M last quarter and potentially only 2.25 quarters of funding left (at current spend rate) - after June, this will be down do 1.25 quarters. Hence mentioning shareholders as an option eek.png
 
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