AXM apex minerals nl
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say no to ma, page-8

  1. deadfish
    235 Posts.
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    28/03/12
    14:50
    Post #: 9907159
    I guess we need to remember wiluna is a producing mine.

    If new mgmt can get production levels over 100k ounces/yr, then it will be a chance. It's a long way from this atm.

    Trouble is existing SHs are so diluted, upside is capped due to the huge quantities of options that have been issued with low strike prices.
    AXM Price at posting: 20.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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