AXM 0.00% 1.1¢ apex minerals nl

hmmm, thanks for your opinion raw. I guess you are right to a...

  1. 171 Posts.
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    hmmm, thanks for your opinion raw.

    I guess you are right to a degree, that the SP will either appreciate and they make their cash cost projections and annual production targets of 140,000 ounces or they don't and the company goes bust.

    I think I made conserative estimates on cash costs. I guess that I was trying to show that the current share price, is unrealistic.

    I actually think that projecting at current gold price of $1,128 USD/ounce is still a bit crazy.

    Also why would I use a cash cost of $700? when AXM has never made a projected target so far?








 
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