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project delay

  1. ashc36
    721 Posts.
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    19/11/08
    16:21
    Post #: 4515084
    AGM presentation out, major difference from previous presentation is that no start up date is listed.
    Safe to assume that project will be delayed from 2010 startup due to current financial crisis.
    I'm sure no answers will be given today at agm as to when production will start.
    It is nothing unexpected with current crises. Best we can hope for is that management get a deal done when things improve hopefully early next year.
    Its going to be a long wait along with many other shares.


    AXO Price at posting: 14.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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