AXM 0.00% 1.1¢ apex minerals nl

would a combination sbm / axm make sense?, page-12

  1. 20,035 Posts.
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    If this company is mining, may I ask what mineral it is digging besides gold? The cash cost would have to be higher than what it is selling to warrant that kind of share price destruction over the years never mind the Opex.

    Here is the logic for the holders, record high gold prices and they should be some cash in the kitty. What happens when POG comes tumbling down even for a correction because it will happen. Nothing moves in a straight line up. I guess they are dirt cheap for a reason.
 
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Currently unlisted public company.

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