I asked at meeting re - scandium credits , some months ago .
Answer - Sc not really being factored into the sums , though can be good, will be utilised , or planned for no doubt by buyers - but more for ‘down the track ‘ ?
Nor the cobalt credits ( though significant- and very much being worked with - desired . Every buyer will have own sums , not easy to quantify as actual ‘value ‘ amount )
Cobalt is a very worthy credit within the significant quantity , at San Jorge Island , certainly .
Do the sums on the Nickel Resource I think , sorry I’m no miner - but even the ferrous adjunct is actually quite a positive .
*Stainless demand is very real !
* Nickel dense steel even very much so . ( EVs structure calls for higher nickel content contribution)
I always think- if you only - give $10 (US ) profit per tonne , this is way too meagre , but do your research starting there -
* Also watch the London LME Nickel update video from a few weeks ago , SJ ore should be ~ $25 - $45 (US ) barest minimum - check the variables - 1.4- 1.6 - 1.8 % Nickel - at least . ( check directly - we don’t have old PFS to refer to , but there are drill results )
Profit - be over $10 to $20US . Production to be ~ $2 million tonnes sometime next couple years .
Starting levels -of mining.
Other shareholders- no doubt follow Shanghai better than I do , I just watch the little Ni value on my phone screen!
It is very reasonable to multiply - $20 ( Australian ) x $1.5 - 2 million tonnes p.a.
As Income . ( as basis for your assessment, Axiom starting out )
I’m excited for them .
And - this Laterite ore , good grade, is so needed.
High demand for , as well as beneficial- for All .
Well done with CLQ - I missed buying in down near 12c !! ( 2016 ?)
(Good people in charge . Been incredible to watch . Had held - Platina . Watching . I’ve continued to hold Axiom over all others though)
You’ll have to make up your own mind - phone the Company, read all that available— I cant see how you could be sorry to own , and IMO will never be a better time
Lucky fellow - if you’ve avoided the torture years. It has been very unfair on shareholders .
As a slow burn - I believe Axiom will a very longterm story in the Solomons.
They are trying to reignite - tourism , re- juvenate and rebuild 1980s Resort on one island- will take time, infrastructure developments are most especially important at the moment .
Australia has given and continues to be a tower of strength, we’ve given huge support there .
Its just that Australians- are not so aware of our neighbours and our enormous contribution.
We should be proud , though of course it’s been far from smooth sailing .
All the best .
