If you are suggesting that this letter of Demand is in fact credible, which I cannot, have they repaid their loan or have they reconsidered the fragile position they are in? Or is it infact as @CognacXO suggests another Con job. http://theislandsun.com.sb/tax-scheme-promoter-here-for-nickel-mining/ Care to mention this article?
"I got copy of this letter dated on 11th December 2018 (uploaded below)." Who did you get this from and why is the date different? Is this part of a deliberate and low level attempt to derail Axiom's good reputation?
A Letter of Intent cannot be revoked by a minister without affording an opportunity to to make representations. Therefore withdrawing the LOI would entitle a judicial review which would enable Axiom to dispute. Those who suggest it is a done deal should refer to Axiom's LOI having been withdrawn by the CoA after a judicial review, making it invalid. A ministers signature on an application that has not followed regulations would certainly end up as a major sticking point, one which Axiom would certainly not make with their experienced team.
Good luck to the management team, Landholders and Shareholders.
