target, page-2

no i don't believe so. not yet anyway.

firstly the operation is only just starting to produce profits, with all the unknowns and past stigma of Wiluna i doubt anyone would currently be interested.

secondly, management have track record of building companies up and selling out at premiums, i don't expect this to be a quick play for them. I still believe AXM will be an aquirer at some stage, will build up and then sell out to an even bigger fish. Wait for a few years or a time when the POG is above $1500 USD.

only my opinion.