Seeing BLK has about 800koz (will be over 1moz in near term) all...

Seeing BLK has about 800koz (will be over 1moz in near term) all close to surface, with good grades and AXM has an underutilised plant with u/g mining being over 800m in depth.

With the two as a merged entity, the plant would be operating at full capacity and BLK's close to surface good grade gold resource would bring the cash cost down substantially.

Between the two of them they could produce 100koz pa quiet quickly.

BLK at $10m market cap and AXM at $24m market cap - a tie up could see a NST type growth story quiet easily in my view.

I'll put one out there on resource and production My guess is - it would be a $500m 100kozpa gold producer (if they get the cash cost down to $800 p/oz)

Any thoughts?