AXM 0.00% 1.1¢ apex minerals nl

alterior's analysis/forecast, page-46

  1. mm3
    478 Posts.
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    That said,its academic if insufficient ore is not getting onto the pad.

    Not only that but they do not have the cash to upgrade the plant.

    Cant get the gold out out of the ground - not enough ore
    not enough ore - can't keep the plant full
    can't keep the plant full - not enough cashflow
    not enough cash flow - can't afford to upgrade the plant
    can't upgrade the plant - can't extract efficiently
    can't extract efficiently - not enough cashflow
    not enough cash flow - can't afford to upgrade the plant
    can't upgrade the plant - can't extract efficiently
    can't extract efficiently - not enough cashflow
    not enough cash flow - can't afford to upgrade the plant
    can't upgrade the plant - can't extract efficiently
    can't extract efficiently - not enough cashflow
    not enough cash flow - can't afford to upgrade the plant
    can't upgrade the plant - can't extract efficiently
    can't extract efficiently - not enough cashflow

    repeat..........
 
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