AXO aurox resources limited

nothing concrete yet, but charles is at work.., page-9

  1. 4,510 Posts.
    Thanks for posting that article.

    where the huge value will come for AXO is if they sell off a share of the project for cash and then use that cash to put in their end of the capex money. Would avoid a large capital raising.

    Naturally the Chinese would want a slice of AXO's equity action as a sweetener and AXO would have to satisfy that, but if they don't have to go to the market for a big equity raising, then we will really see some gains.
 
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