RE: RE: Corrected NR Good, While just being an update of what is going on, the key point is that the project is advancing.
The stock is trading as if the project is not going to be realized, while the reality is that it will be...
The only key point is when will all the financing questions be resolved...
Since this is not a speculative market, but a show me market, the big actions will only really come once the financing will have been completed.
Unfortunately, to many retail investors do not seem to understands the time it takes to resolve all the issue pertaining to a financing of this nature, for a project in Africa. Too many believe that the process is quick, but we are post the 2008 Financial crisis, and in the middle of the European financial crisis...
So you have too many investors that have an unrealistic time line, that then equate delay, as per their own time line with failure, while it just a simply that the process takes time.
What the article and the press release confirm is that AXM is way undervalue.....
I am not certain that more IR will help, they just need to focus on closing the financing...