Substantially Undervalued, O&G Situation in play, page-173

Hi straykiwi,

I think you've asked this before. AXT's share price will be a function of PANR's share price. It's a fairly simple concept.

PANR's share price over the next month or two is going to be dictated by the news from Tyler re how successful they are in clearing the blockage, or what the plan will be if the blockage can't be cleared.

A POO of $30p/b won't be sending AXT back to 2c on it's own IMO. At $30p/b Jay still believes the in ground resource can be sold between $5-$10p/b.

Cheers!