AVQ 0.00% 2.5¢ axiom mining limited

Ann: Mining Lease Granted for Isabel Nickel Project - San Jorge, page-305

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  1. 1,657 Posts.
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    You have established nothing.
    You have theorized, because you cannot give a resource estimate either.
    You bring up the chart regarding old timelines when no mining licence was granted, remember that the mines minister had apologized for the delay in granting this licence, RM had believed this would come earlier. At present you are repetitiously taking advantage of the SI Gov't delay, nothing more.
    Axiom's Mkt Cap is still the same as always, between 40-50M, the Sp is lower due to the cap raising required to get the ML, something Sumitomo could not achieve with their massive Mkt cap.
    Yes, RM has worked hard to get the ML, you can argue that he should have been working 168 hours a week.
    Remember, you stated we would never get a mining licence, you were wrong then.
    Axiom has an EIS, a development consent and a mining licence for the Laterite Ore, a first for the Solomon Islands.
    Laterite is cheap to mine and there is a massive demand.
 
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