A lot of these plays ( are,vms, mox, minatour etc ) have run very hard on visuals - I cant recall if it was diamond core or rc drilling that many went into th and rocketed on visuals.
I am in as of yesterday and wonder if the company will be tempted to release visuals - harder with rc drilling.
If I recall it took vms ~ 30 days to get through the 700m of regolith covering the potential ore body.
AXT gives one - two opportunities ( drills ) with a significant jv partner.
good luck all - there can't be only one Olympic Dam out there.
I temper this with the probablity of success been low.
holding only spi and axt
AXT Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held