Yes. It gives them the cash flow to last. BUT it doesn't give them enough to pay SLW what they owe them. Nor does it give them enough to restart production. I love AXU. Been talking about it here for months but they will have to decide how to deal with those two issue. In CC said would not dilute to pay SLW at these prices. The new deal has option. We'll see what they do. Still a favorite long term silver of mine.
My posts are my opinion only and not recommendations to buy or sell a stock. My opinions are probably wrong anyway. These things move both directions so do your own due diligence, be careful, and use sound money management above all.