Ann: Drilling Results and Option to JV Signed , page-33

nose, AXO does not have any resource at yalgoo, just some ground they have done nothing much with. AXO could be a good success at balla balla if they can get all the finance they need to build thier plant to completion. they are at the expensive end of thier project now. even if they remain successful the capital growth is not likely to be more than 2 to 3 hundred percent. i think it is FWL's low market cap that makes it sooo attractive. capital growth could be up to 1 thousand percent in next five years imo. But you could be right nose and i might have done most of my money. that is the fun of investing. DYOR.