Well I have switched a little bit of money into this one for my...

Well I have switched a little bit of money into this one for my kids on the basis that I want a growth profile and no dividends for the next few years - I just want good capital growth. Good management, great project, future plotted out, etc.

The Iron ore negotiations look interesting with BHP rumoured to be keen to sell more production into the spot market next year (this could be just a negotiating stunt) with an expectation of tight supply until 2015. this is a very bullish outlook.

All of this makes AXO look a very attractive mid-term investment of 1-2 years.

http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=EF20F87A-17A4-1130-F589C8823CEA45C9