AXM 0.00% 1.1¢ apex minerals nl

tipping point, page-69

  1. 1,844 Posts.
    gents,
    can't agree more apex has been on the block for some time.
    There may be a bit of cash for both if BLK start moving tailings thru the Wiluna mill as a precursor for something more.

    That would involve BLK helping it's maybe future target.

    The reality is neither company has the cash to have a go at the other and now consolidation options are spread across two minor companies.

    I foresee maybe one digger and two/three trucks picking up what they can and delivering it to Wiluna to get a bit of cash for both companies.

    I don't see that being processed until there's $2m free cash from the pile to be processed for black,because that's around what they have to pay the day of the first pour.

    It may also never happen.

    DYOR+DYODD
 
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