There is most likely a very good reason why AXO is valued at "only" $60m in that those who have been around the traps well know that there are potentially major issues with the metalurgy of the vanadium/iron ore, not of course that AXO have ever admitted to it. AXO will in my opinion never fly but looks to me like RDR will whether it be vanadium or lithium. Also points to the value of RDR not being a "one trick stock" like AXO, which indeed appears very tricky. Suggest you stick with RDR and treat AXO with caution.
NMT Price at posting:
80.2¢ Sentiment: None Disclosure: Held
