AXE 3.92% 24.5¢ archer materials limited

mind boggling potential really, page-15

  1. 9,236 Posts.
    lightbulb Created with Sketch. 2
    "is that cash is being burnt fast"

    You need to remember that $1,242,000 was paid out last quarter on the purchase of the two freehold properties where future mine development will take place. Those properties are also an asset and will return some annual income from the cropping that takes place.
 
watchlist Created with Sketch. Add AXE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.