AVQ 0.00% 2.5¢ axiom mining limited

Ann: Isabel Nickel Project - licencing update, page-368

  1. 307 Posts.
    lightbulb Created with Sketch. 226
    So, Markoff continues to put in his own cash to ensure OTHERS in the Company would continue to receive their salaries? Where is salary cost estimation stated is irrelevant here. It will take a very long time to recoup his $2m, no matter how exorbitant his director fees may be. Say $1m his director fees, which is unheard of, it would still take 2 years to get his cash back. And 2 years can be an eternity in this game, in your view the Company may go bust well before that.


    Well, it may turn out that Markoff has misplaced his confidence and faith in Axiom, but so far, I firmly believe he sees a positive future with Axiom. Otherwise, for someone who knows a lot more in relation to tenements applications than you and me, he would not continue to put in more cash.



 
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.