AXM 0.00% 1.1¢ apex minerals nl

what ever....?, page-22

  1. 270 Posts.
    Agree totally that investor sentiment plays a big part in the share price and that investors aren't happy at the moment. Ongoing production and steady cashflow will certainly stabilise this company but won't do much to the share price until we have a years worth of constant production at advertised costs.

    But with a small company like AXM, it doesn't take much to turn it around, like:
    - reclaiming the 1kg/t slurry at the bottom of the reactor
    - gravity circuit to capture this prior to processing
    - increased gold resource inventory at Wiluna through further drilling
    - potential from its share in Sirius resources

    I believe that there will be a good return in the long term, it just may take a little longer than I first thought. But then on the flipside all we need is a bad announcement (such as the plant has crapped itself) and the new yearly low will seem like a high. Remember risk vs reward.

    All the best to those who hold.
 
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Currently unlisted public company.

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