AXM 0.00% 1.1¢ apex minerals nl

be confident, page-9

  1. nk
    2,808 Posts.
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    I bought in yesterday, risk for sure but at a market cap of $50m its worth it

    35,000 ounces ready to stope. I work on total cost of $800 an ounce for this ore gives at least $400 ounce margin which keeps it liquid, could be $600 margin if grade is good

    risk of administration is always present, I will take that risk now given the upside.

    My trading history with AXM has been

    buy 21 sell 20.5

    buy 2.5 sell 2.5

    Thats a tight stop!
 
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Currently unlisted public company.

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