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2.5¢ axiom mining limited

djm3001 wrote:"The landowner group that has been with them from...

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Mr Pig

97 Posts.

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27/12/18

14:45

Post #: 36965416
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Originally posted by djm3001: ↑

But Aqua why should Axiom be awarded a PL over Kolosori when they have NO landowner support?

doesnt this show that the system is working.? Because you can't progress things without landowner support and that has patently not been there for some time.

The landowner group that has been with them from the start has completely broken with them.

Axiom have issued demands through their lawyers for repayment of all moneys paid to the kolosori trustees between 2011 and 2016. About $4.4 million SBD. There is no way forward on this tenement after that. No way forward.

What they need to do is progress San Jorge and try and salvage some value for shareholders.

Perhaps a rethinking of overheads to more realistically match the reality of a small DSO operation on a 36 sq km tenement would be something to put their mind to over the break to stop the endless CR and dilution.
The huge wages have always been justified because of the unique and "amazing" relationship RM has with landowners. This would seem to be somewhat exaggerated in view of the current circumstances.

Expand

Originally posted by djm3001: ↑

But Aqua why should Axiom be awarded a PL over Kolosori when they have NO landowner support?

doesnt this show that the system is working.? Because you can't progress things without landowner support and that has patently not been there for some time.

The landowner group that has been with them from the start has completely broken with them.

Axiom have issued demands through their lawyers for repayment of all moneys paid to the kolosori trustees between 2011 and 2016. About $4.4 million SBD. There is no way forward on this tenement after that. No way forward.

What they need to do is progress San Jorge and try and salvage some value for shareholders.

Perhaps a rethinking of overheads to more realistically match the reality of a small DSO operation on a 36 sq km tenement would be something to put their mind to over the break to stop the endless CR and dilution.
The huge wages have always been justified because of the unique and "amazing" relationship RM has with landowners. This would seem to be somewhat exaggerated in view of the current circumstances.

Expand

djm3001 wrote:"The landowner group that has been with them from the start has completely broken with them.

Axiom have issued demands through their lawyers for repayment of all moneys paid to the kolosori trustees between 2011 and 2016. About $4.4 million SBD. There is no way forward on this tenement after that. No way forward."

When and where was the original news of this broken to the public? Can anyone give me a link to an authoritative read on this? I THOUGHT I had been following announcements fairly closely, but somehow I missed this one completely.
Thanks to anyone who can bring me up to date.

AVQ Price at posting: 5.8¢ Sentiment: None Disclosure: Held
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