AVQ 0.00% 2.5¢ axiom mining limited

Ann: Mining Lease Granted for Isabel Nickel Project - San Jorge, page-251

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  1. 8,620 Posts.
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    It was retracted because it included production from SJ which has no JORC and that goes against the JORC code.

    If you knew how mining works you would know this.

    The NPV for Isabel would be so much lower without pie in the sky numbers from SJ. So much for that $60 billion valuation.

    I know a company who recently released a pre-feasibility with NPV of $1.3 billion. Market Cap for that company halve of AVQ.
 
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