AXM 0.00% 1.1¢ apex minerals nl

Ann: Wiluna Sale Update , page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4 Posts.
    By refering the final price of $5mil for the sale of Youanmi project to its original price $15mil, if I were the buyer of Wiluna, I'd also expect to pay 1/3 of the original price to get Wiluna.
    Everyone knows AXM has no cash to keep the business running. This would be the main reason for AXM to accept this ridiculous discount price to sale Youanmi. Net cash flow for this quarter is due to digging on the high grade area but not due to any other costs cut.
 
watchlist Created with Sketch. Add AXM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.