AXM
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0.00% 1.1¢ apex minerals nl

what would a merged blk and axm be worth?, page-14

  1. zinvestor
    2,918 Posts.
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    12/07/12
    10:57
    Post #: 10424706
    SnowKat,
    your probably right $500m is pushing the friendship.

    but the value in the two tied up would be huge - BLK at $8m market cap with 790koz close to surface(upgrade due this month and additional 2moz exploration target)and axm at $18 market cap with an underutilised plant - the both would surely be worth alot more than now.

    imo anyway.
    AXM Price at posting: 10.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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