it would appear the only thing we all agree on is the way the place has been run appears less than satisfactory for all concerned.
A truckload of ex employees appear frustrated and seems a number of current ones appear to have problems.
Best for all concerned is if someone with tax to pay decides they want some tax losses this year and takes it over for a song.
Doubt that will be blk-not enough cash Panoramic---who knows?
The fly in the ointment might be the need to file comprehensive rehabilitation and end of minelife plans? Another miner mentioned that due in April to meet new requirements.
Still $300m or so tax loss says there's some value in the bones.Plus the site can produce gold and probably profitably with the right personnell and some targeted cash.
With real miners running the place,it could get exciting. Large holders have done that before,pushing their lemons onto someone with the apparent skills to turn it arround. The last time that occurred was CRE large holders,pushing it in FML's direction.Don't see fml game here though,they've too many beeter options closer to home.
DYOR+DYODD
AXM Price at posting:
0.6¢ Sentiment: None Disclosure: Held
