AXM
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0.00% 1.1¢ apex minerals nl

OK - I am not a huge fan of either the company (anymore) or the...

  1. mm3
    478 Posts.
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    31/01/11
    13:55
    Post #: 7814745
    OK - I am not a huge fan of either the company (anymore) or the WIluna asset but this is absolutely a brilliant deal for AXM.

    I know this asset very well and for someone to pay so far over the odds (in my opinion) it is a brilliant coup for Apex!

    Well done to all involved in the negotiation and I will be interested to see what Panorama do. My bet is they will write the whole investment off within 3 years.

    Paying out the GUP holders is also a great move for the company.
    AXM Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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