AVQ 0.00% 2.5¢ axiom mining limited

? Abu , I call this very prudent capital management , only raise...

  1. 4,150 Posts.
    lightbulb Created with Sketch. 59
    ? Abu , I call this very prudent capital management , only raise what you need while using scrip , otherwise cost of capital is high.
    Progress the development then raise at higher levels or use a debt instrument , miners ( like small tech ) are major cash cosumers till they are into the third ir fourth year of production.
    There will be many more cap raises in the future
 
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.