juk so 1440-500=$940 last cash cost was say $1100/last qtr I thought the one prior was around $940 So they only need to reduce costs by $200 and your in,pay out the outstanding bills and your a player. By then no doubt the market cap will be higher.
All i see a need for is hauled production around 60kt/month or increse in yield(even better) through the plant,or both. Atleast we know the first bits happening,hauling more. Argue whether the second bits happening or successful,but it's obviously being targeted.Yield has risen for the last three quarters.
Anyway,i'm really only baiting,as i don't care whether others buy or sell,or where the shareprice settles or rises for the next 6 months,my horizon is further out. Just as my decision to buy the amount i have was made long before i commented here. I am less worried about getting in at the cheapest price than i am about getting into a bad investment. Fractions of a cent,or even whole cents become irrelevent if i have made the right decision for the right reasons. One may be able to buy more at the bottom for the same money,but which is the real bottom,before the rise?
DYOR
AXM Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
