AXM 0.00% 1.1¢ apex minerals nl

gents,can't agree more apex has been on the block for some...

  1. 1,844 Posts.
    gents,
    can't agree more apex has been on the block for some time.
    There may be a bit of cash for both if BLK start moving tailings thru the Wiluna mill as a precursor for something more.

    That would involve BLK helping it's maybe future target.

    The reality is neither company has the cash to have a go at the other and now consolidation options are spread across two minor companies.

    I foresee maybe one digger and two/three trucks picking up what they can and delivering it to Wiluna to get a bit of cash for both companies.

    I don't see that being processed until there's $2m free cash from the pile to be processed for black,because that's around what they have to pay the day of the first pour.

    It may also never happen.

    DYOR+DYODD
 
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