AXM 0.00% 1.1¢ apex minerals nl

alterior's analysis/forecast, page-10

  1. mm3
    478 Posts.
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    Alt - I'd love you to be right but you wont be.

    Every cent of profit they MAY make will be used to pay creditors (who are many and the amounts significant). They will have no "free cash" for exploration and they have no people capable or constructing an exploration program let alone implementing it so the amount of historical data just takes up space in cabinetss in the offices.

    There will be no discovery
    There will be no profit from production
    There will be no spare cash
    There will be no share price run to anywhere near 8.3c
 
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