guys,There are still many uncertainty ahead:1) spent $12 million...

guys,

There are still many uncertainty ahead:

1) spent $12 million will make AXO administration more quickly. I mention it before. At last, the mgt found the way to steal your money faster. It really be no need to pay AXOG now. They can be paid at $0.10 only after another 3 months since they will be very scare all the investment will be result at total lost.

2) if iron ore price tumble more than 30%, the mine will be NOT profitable. Unless the mgt knows the iron price will not drop 30%, they betray AXO shareholders again cos it is no need to pay out our cash rather than keeping it until a bull market. There was no bear market more than 3 years during last 15 years. Japan is an excemptional case cos their Zabasus push up the JPY to invest aboard.

3) AXOG will be a loser too since you only get $0.25 since you can never sell 55 million AXO shares in the market.

Reduce the $1 billion capex is the only way to attract bankers.

Don't trade AXOG cos there is no such good investment in history.

The mgt is very clever to fck AXO shares not higher than $0.15 since the cash value will be only $0.06 after dilution.

d it