AVQ 0.00% 2.5¢ axiom mining limited

Moving forward.., page-18

  1. 867 Posts.
    lightbulb Created with Sketch. 470
    I think with time ~ $500 million MC .
    Then onwards.  As long as Axiom are , they must be ethical , be safe , follow environmentally sound practices -  then Will be a miner longterm in the SI.

    Extra tenements, inc West Guadalcanal- will come along .
    Axiom will then be -  excellent new niche DSO Nickel supplier- in the Sth Pacific - to Indonesian rim .

    I think - anyone aboard with Axiom - will see , or is seeing-
    *Axiom will hold , and Be — how Sumitomo actually had envisaged Nickel DSO operations to be , with their aims in Isabel Province , SI .
    (SMM wanted additional tenement areas - Kolosori for Port Offtake point especially - for their tenement D which they had drilled quite extensively I think ? )

    Axiom - will be significant longterm quantity provider  - Nickel ore provider :
    Nickel grade 1.4% areas (% below not key target grades  ) — 1.6 - 1.8 % Ni  , with credits more with time as relevance —to further higher % Ni ore (higher than 1.8%!  zones - truly very high grade Laterite deposit areas )   

    However  - 1.6-1.8 the main regarded key ore . Isabel.

    Areas to be upcoming are - Double the original conceiveded by Axiom with Isabel Nickel Mining.
    ( this is with tenement D - which eligible for PLs now as well as Kolosori back )
    Then who knows.  

    Will be -
    * 2  (to 3?) port points - for barge transfer ? to ocean ships —then shipping to Asian Ports destination buyers .

    I see -
    * Up in hundreds of millions dollars market cap valuation  - within 18mths- 2 , then~  3 years .
    ie.
    The next 3 years - be much better than these past 3 we’ve endured !

    BOL longtermers , as well as newcoming investors as ppl become more comfortable .
    (I’m guessing .  At present it looks dark and stormy - i certainly don’t think this a true reflection of how Axiom will be soon in next years - & onwards )

    I have always thought-  that Axiom will go On , and On .

    Axiom have now been in the Solomons for over a decade - the beginnings ..  which been tumultuous.  Much was not very good at the time.

    Longterm ??
    A $Billion mining company with local indigenous landowners - in the Solomon Islands.
    Can dream or envisage this  ?  
    **This is heresay at present !  But I believe more than possible .  Likely ?   As long as is Good for All .
    Jason S. (Resources analyst - subscriber service -was ) - was highly passionate about axiom and that Axiom will be a miner of significance in the Solomon Islands.    Judging by his independent write-Up a few months ago - he still is .  

    Seriously -
    Axiom with resource assets held ultimately - $ 500 MC and growing ; will be very reasonable .
    When in production with 2million tonnes pa - SanJorge ,and lets say the same again - from Kolosori / Isabel Greater .

    So consider -
    Case analysis-  of 4 million tonnes DSO - Laterite •Ni ore - shipped cost ~ $14 US .
    •Add $10 additional costs.  (Mining , shallow , within 2-3kms shore to Offtake points- sea )

    •DSO Laterite Nickel (~1.6 % , could be localised 1.4%  good quality ?? SJ )
    Returns were $50 / tonne US - though $45/t more conservatively .
    ••I Use -  $40 /t US more safely as now this what was reported last Friday - in feature article  .

    •••I downgrade further to $10000 /t Aust Dollars Profit — I have always used , when calculating returns  - as very safe , conservative sums •••
    This the return , potentially- as nett Profit per tonne .


    DYOR - and then , let Us know what you think !


    The Solomon Islands truly needs our thoughts and prayers too.  
    * These are times of enormous transition for the SI people .   They have a good future .  Not time for self- interested parties , and arguing .
    They’re already another 18mths into their ‘second independence ‘ .

    They truly need leadership and focus forward - to Grow and  Florish .  Be great if HC could be the same
    For the progression here there are no shortcuts .
    However unfair has been to date .
      All processes must be followed  .

    Go - the Solomon Islands .  
    * Steady heads and hands  !  ( No scurrilous stirrers please )  
    I am sure- that know enough of the integrity of the people working-  and believe Axiom are dedicated to all involved in Isabel , for all shareholders and the SI people .
    The waiting for Godo style meme yesterday that someone posted however, was very apt .
    BOLTA .
 
watchlist Created with Sketch. Add AVQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.