Ann: Trading Halt , page-5

plough,

AXM has about 750t spare capacity at the plant going of quarters june 11 to march 12.

a tie up would get the plant at full capacity quick - look at BLK's regent deposit pit design - Mineable Tonnes 1.39Mt @ 1.91g/t for 85,000oz contained au open cut with the pit finishing in 5g/t gold. Significant 3-5glt resource below the pit for underground mine.

or the WILLIAMSON PIT with a Resource of 4.9 Mt @ 1.9 g/t for 301,000oz Au in the old pit model from agincourt.

Then their is the matilda mine that a resource upgrade is due this month.

the synergies between them would bring cash cost down and production up.