Luckily for my accounts I don't own a share of AXI (or any other pure junior exploration play). How many shares of AXI do you own? What motivates you to destroy your brokerage account with obviously bad investments like AXI?
The worst NPV and IRR of any major iron ore project on the planet. Undisputed fact.
Management that hasn't delivered a joint venture agreement after 2.5 years. Undisputed, even by the diehard longs on this board.
Do you have so much pride, and unwillingness to admit your mistakes, that you're willing to risk total loss on this trade? You do realize that bankruptcy is the endgame for AXI?