AXM 0.00% 1.1¢ apex minerals nl

fitnfam,the synergies of the two is very good just look at these...

  1. 2,918 Posts.
    fitnfam,
    the synergies of the two is very good just look at these two announcements from BLK and see that they would have a very cheap operational cost in terms of mining;

    http://www.asx.com.au/asxpdf/20111128/pdf/422vzxty4b0b59.pdf

    http://www.asx.com.au/asxpdf/20111010/pdf/421nczymf1rq3j.pdf

    most of the matilda and williamson mines have barely scratched the surface, M10 pit at matilda for example was cleared and not mined at surface, M2 pit deeps - Significant zones of mineralisation extend below the current mined M2 pit up to 20-30m vertically below the old pit floor.

    whoever owns it with BLK processing ore through the plant should bring a good return to AXM's processing plant.
 
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