the part i like bitzer is what you mentioned earlier in that they can afford to defer sattelites even longer.
this to me presents a strong case that they have reason to believe results at wiluna will prove up even more resource. that henry 5 and east lode north zone is looking the trick.
thats all i needed for confirmation that management weren't in a squeeze, it seems the plant was the problem and a slight hiccup with undergound is now back on track (as bizzo reported). They seem confident enough if they are deffering these sattelites and i remember their last statement (which was the cause for much conjection) that the wiluna ground 'has barely been scratched'.
lets hope it progresses a bit quicker from here on in. bring on the cash flow and start those rigs up again.
regards Davo
AXM Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
