Australia's largest stock trading and investment forum Australia's #1 stock forum

AVQ

Click for more information

0.00%

2.5¢ axiom mining limited

i never applauded but thanks for the summary.AVQ still in SI...

First 33 Last

Share
Profile

Follow
seph17

343 Posts.

40

19/02/19

14:26

Post #: 37485555
Share

Originally posted by mboose: ↑

Seth, SMM lost due to a cross claim lodged over the original case, by BML from memory a subsidiary company of the BLA ( Bugotu Landowners Association). The BLA initiated 2 cross claims over the original case.
BLA’s 1st cross claim was against SMM on grounds of SMM holding more than the prescribed no of 3 tenements. This cross claim saw SMM’s LOI issued to it under the International Tender Process ruled nil and voided. That cross claim action was also vigoursly actioned and argued by AVQ’s claim on same grounds.
The BLA’s 2nd cross claim (which was supported and argued by SMM) was against Axiom being granted both a PL and it’s conversion to a ML and the suspicious thing circumstances under which both were granted to Axiom by the then Minister of Mines.
By the end of all the appeals processes it was a lose lose situation for both SMM and Axiom.

Expand

i never applauded but thanks for the summary.
AVQ still in SI though and SMM decided to leave.
are you sure that the local people are against RM/Axiom- its a wide ranging statement you made.
i know you are frustrated we all are!

AVQ Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Chaos reigns markets – so let's take stock of where we're at ahead of December

MTM

Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

SHN

Chimeric clocks $4.17M R&D tax rebate from Canberra

PME

Pro Medicus signs landmark $330M deal to roll out imaging platform in US hospitals

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

OCN

Southern Cross Gold zooms in on 9 new high-grade zones above 20g/t at Golden Dyke

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 14 more messages in this thread...

First 33 Last

Add AVQ (ASX) to my watchlist