Agree with you re long on AXO. The fundamental story is too tantalising (even with iron ore on the nose at the moment) to pass up. Point of difference with vanadium, contracts in place - raising debt is always going to be an issue at the moment but that is where I see the main risk of this stock - everything else looks great. That said, cash can still be raised if the story is sweet enough.
Technically, the weekly's are looking ok too with increased volume supporting the signals.
Bumpy ride ahead of us yet but i've always been fond of rollercoasters.
Disclaimer: I hold AXO. I like AXO.
CSS Price at posting:
73.3¢ Sentiment: LT Buy Disclosure: Held
