"Apex is expecting to commence a second operation at the Wilsons deposit,located at Gidgee in Western Australia about 100Km south west of Wiluna. Any ore mined from the Wilsons operations would be trucked to Wiluna and processed through the Wiluna plant to supplement the current Wiluna underground feed. As Apex moves forward it aims to be a consistant 100,000 to 150,000 OUNCE Gold Producer."
Mining gidgee I don't think so and producing 100,000 to 150,000 OUNCE, they will be lucky to do 70,000 to 80,000 this year. The above is the problem when they raised the $108M at 4 cents they promised $26M for developing gidgee didn't happen money was used to pay. Raised $108M all gone in 5 months.
AXM Price at posting:
1.8¢ Sentiment: Sell Disclosure: Not Held