AVQ 0.00% 2.5¢ axiom mining limited

Mcfj said: "A Letter of Intent cannot be revoked by a minister...

  1. 95 Posts.
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    Mcfj said:

    "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"

    In my opinion:
    Letter of Intend can not be revoked but can be expired. Letters of Intend can expired if any company can not provide consent from Landowners in SAA form.
    If it was the case they should let us know immediately.
    IT IS PRICE SENSTIVE IN THE TIME WHEN COMPANY IS TRYING SECURE FUNDING FOR SAN JOERGE


    Judical review it's mean civil case in court against government, Minister, Ministry and Mineral Board Members.
    We have to know if they will or fighting already Minister and Ministry for tenentments already allocated to others they should let's us know. If Axiom has a civil case with government about Kolosori and Takata issue, SH have to know how is the partnership with government who is also regulator for every new and existing licencing in SI too.
    IT IS PRICE SENSITIVE TOO.

    Again Mcfj thanks for yours point of view.
    We should be exactly because this forum is very famous in Solomon Islands too.
    Government members, MMB members, Mines employees and landowners from Kolosori, Jejevo, Takata, "D" and San Jorge are reading. Especially when they are here more closed to the process and information sources.
 
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