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04/10/18
10:11
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Originally posted by Load
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Whilst you are busy LOLing, might pay to get the facts straight. No money was put up. From the 2015 Guvnor announcement by Axiom
I doubt Guvnor would have taken the time to get into this in 2015 unless RM assured them strongly that the licences and permits would be in place. But of course, this was just wishful thinking again.
I do not believe Guvnor would have let things "lapse" or expire at was stated in this Ann. They would have formally bailed out of the agreement at some stage in 2016 or 2017, and it seems Axiom never bothered to inform shareholders of their withdrawal.
You have to know what you can deliver when you are at a negotiating table, and failure to deliver weakens your credibility in the business world. Guvnor have had their time wasted and will not return for another round of this debacle.
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Have you thought that Gunvor may have let the funding agreement expire because they experienced an almost 50% downturn in profits and at the time Axiom still hadn't been granted a mining license. Even if you thought it or did some research you would rather slander Axiom than report a real finding.
https://www.google.com/amp/s/amp.ft.com/content/39778334-4ec8-11e8-a7a9-37318e776bab