after xstrata are finished (they spend their 16 million or give...

after xstrata are finished (they spend their 16 million or give up early) axt will either have and iocg project or some rocks in the middle or knowhere.


If you look at olympic dam, prominent hill or carpentia they are worth billion + , so 25% of a billion is 250 million or $$$$$$$ per share to axt.



If you look at TAS, MOX etc they are worth about the same as AXT is now.


So in my amature view there is tonnes of risk, but managed correctly there is could be heaps of reward


note i was a buyer from 4c to 10c..... Over the next month i will sell some and freecarry into the drill. If it hits nothing i will still be infront...


DYOR


high risk high reward