Ann: Mining Lease Granted for Isabel Nickel Project - San Jorge, page-73

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seph17

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20/09/18

13:45

Post #: 35726969
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Originally posted by jazzmox ↑

and they have not done anything. Where is the jorc and feasibility study for SJ. RM promised them by end 2016. It's almost end 2018 and still nothing. Almost 2 years of doing nothing and just waiting for the ML which has not had the effect that people here were hoping.
They always had an SAA for SJ.

In my view SJ is not viable as a large scale DSO operation. They can show that it is viable via drilling more, producing a JORC and feasibility study. But RM does not want to do it. Ask yourself why.
As expected the announcement today was extremely light on detail. Anyone can say they will be shipping by such and such date. How many tons? What's the capex and opex? So many questions for anybody serious and no answers. Axiom is making a mockery of proper mining procedures which every other company follows.

All the blame should go toward RM and Management. They drilled a few holes at SJ end of 2016, went idle while applying for a ML and now they are talking about building a mining operation. based on a few drill holes?

Can't believe you guys keep falling for this

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Hi Jazzy
i dont disagree with a lot of your points. But with the JORC and feasability- am I right in saying that this has been proven out previously for this area? as in prior to AVQ...
I dont think the viability is in question...?
It is more the Capex required, and further $ to get this up and going...

AVQ Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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Ann: Mining Lease Granted for Isabel Nickel Project - San Jorge, page-73

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