Although it appears that AXM may have paid too much to get its...

Although it appears that AXM may have paid too much to get its security back at least AXM will end up a clean company and, with production pushing 100K/ozs per
annum in next qtr, a rerating is certainly not out of the question.

By comparison KCN's production last qtr was 21K ozs (admittedly at US$458/oz and not AXM's $850-900/oz) but
it is capped at $1B.

Even with 5.55B shares on issue AXM should easily
command a price of 5c plus in coming months...which is still only a 250m market CAP!!!

The Doji pattern devepoled of the past few days tells me that the tide is about to turn...and its not going any lower, 1.1c is the lowest its ever been!

DYOR