if the 1st drillhole in the j/v with Xstrata at Oak Dam comes up...

if the 1st drillhole in the j/v with Xstrata at Oak Dam comes up roses then you could count on the sp further gaining value from the speculation of the follow-up drilling at Winjabbie East, where previous AXT drillhole 1HAD8 is reported to have "grazed the margin of the gravity feature".

also, the 3rd whammy effect could be that in june Xstrata are drilling next door on GUN's lease that borders AXT's Emmie North prospect.

so we could have a beauty flow-on effect IF Oak Dam drilling brings in the bacon.