In my humble opinion, Axiom has no obligations to release further information on drilling results, when the off-take negotiations are not formally concluded, albeit at final stage; as long as they don’t make any production and profits projections to ASX based on non-JORC data. (Plus, some of the samples from the grade-control drillings are probably still to be tested in the lab). Please forgive me if I’m wrong.
However, chances are these grades are at least economical, base on abundant historical data from more than 10,000 samples by major miners; and the fact there are serious suitors. Otherwise, negotiations would not have reached final stage, and nearing completion.
AVQ Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held