Yeah it was poor wording on their part... But atleast honest.
We have to remember that they have put drills in the ground and hit solid results. Never a big fan of all these surveys, at then end of the day it comes down to drilling. Surveys just assist in targeting your drilling. Which in this case was a waste of cash, it is deeper which is fine.
Definately should be trading around 16c, undervalued and the up side on some results could be very big.
Hopeful for a run on drilling ann up to 20c, if we get a few holes with results like IHAD 5, could be blue sky.
AXT is flying under the radar and definately out of the day traders range, not enough shares on issue so to risky for them, I like it. Real investors only who know S.A. and the Olympic Dam area ;)
AXT Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
