Originally posted by Hephestus
"Off-take and finance Axiom’s off-take agreement and funding with Gunvor Singapore Pte Ltd announced by the Company on 22 December 2015 for the provision of AU$5 million of funding to the Company and up to AU$10 million toward mine construction finance has now expired."
This next series of remarks are amusing:
"Company is in advanced stages of negotiations with a number of parties"
"Axiom deemed it prudent to provide a fixed time period to facilitate and evaluate this recent new interest."
"A number of qualified interested parties on Axiom’s short list have conducted on-site due diligence over the past year"
"dialogues are currently in progress."
"Terms and conditions of proposed agreements continue to be refined"
"The Company anticipates announcing a new off-take and financing arrangements shortly after the completion of the request for final proposals."
In other words -
nothing secured at all, and Gunvor are gone - I assume to never look back.
Hephestus.... can you answer me this...
Guvnor put forward 10mil with no certainty of mining soon.
We now know mining will begin in December. WHY ON EARTH WOULD THEY NOT RETURN? And why would other companies not enter into an agreement. Not yet secured in writing, but it WILL happen, whatever the company ends up being.
The days of Jazz, Hep and their mates are now limited. And when we finally get the chance to mock them, they will either change side, or become non existant on these threads. Might as well start laughing now holders.. these guys are humerous characters. LOLOLOLOLOLOLOLOLOLOLOL