While we wait for the next quarterly report, some good signs are...

While we wait for the next quarterly report, some good signs are building for AXM. Inflation indicators in the US have helped the POG back to 940USD and now we have Baker Steel increasing their holding substantially on market.

Production costs look good with plenty of potential for costs to drop further.

As mentioned by others, resumption of self funded exploration would add further upside.

Claims about extravagant SP targets become a bit too common however if the quarterly report shows good cashflows ahead, and a reasonable cash position, the pressure on the SP should be significant.

Given SP and trading action over the last couple of months, I hold no expectations of sudden re-ratings. Hoping to be a happier holder and trade a few on the way.

It maybe a good time to have done your background research and jump on if your happy with the quarterly once its out. (or take a risk now if that's your thing).