AVQ 0.00% 2.5¢ axiom mining limited

Ann: San Jorge Mining Update, page-7

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  1. 565 Posts.
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    Another $1 million raised to pay for wages and to keep the lights on over Xmas. Another mass of cheap shares to eventually be unloaded on an ever decreasing number of new shareholders. A downward spiral.

    Getting the PL for Kolosori remains the only answer to their problems as they can use the JORC and PFS from that to raise some proper finance.
    They should update the market on the outcome of the MMB meeting from the 28th November. IMO can't have been good news as otherwise they would have been yelling it from the rooftops. They cant be far away from having to give details of what happened there.

    As usual long suffering shareholders wait..... and wait....
 
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