At last someone is making some sense of the situation at the...

At last someone is making some sense of the situation at the coalface. Ounces per month has allways been the key and the increasing gold price helps.
The management have given a target production of 150,000 ounces per year. Do your calculations but if this was achieved profitability is reasonably good. Even discounting the target to say 120,000 pa gives acceptable profits. Perhaps some of the knowledgable now reasise this and have looked at this stock over the past couple of days.
Many declaring "no stock held" have bagged AXM with sell recommendations. I now question their motives.
I am happy with my personal position and will still hold until the next quarterly.
DYOR