AXM apex minerals nl
Add to My Watchlist 0.00% ! 1.1¢

A quick read of the prospectus reveals nothing other doom and...

  1. nextime2
    801 Posts.
    lightbulb Created with Sketch. 29
    clock Created with Sketch.
    13/03/12
    20:34
    Post #: 9833168
    A quick read of the prospectus reveals nothing other doom and gloom. If Azure have underwritten the rights issue then there has to be a bigger plan; what is it? With debits of $4.8m, no money in the bank and a cash cost / oz greater than gold price this company is either trading as insolvent or there is somone bankrolling the operation.
    AXM Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Infini remobilising at Portland Creek after geo specialists line up 12 'priority' targets
right-arrow Created with Sketch.
NEWS Firetail scoops up untested land around Excelsior – including juicy mineralisation target
right-arrow Created with Sketch.
NEWS Friday's HotCopper trends: Renascor concentrate, Larvotto raise
right-arrow Created with Sketch.
NEWS What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA
right-arrow Created with Sketch.
NEWS Veteran executive to help turn Trigg into leading US-based antimony producer
right-arrow Created with Sketch.
NEWS LISTEN NOW: HotCopperWire, our market watch podcast!
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.