Ann: Pause in Trading, page-38

Ignoring all the squabbling from both AVQ Bulls and Bears i think there is no doubt that we have arrived at crunch time.
The announcement simply HAS to be that Axiom have been issued an unconditional and unqualified mining License over their 36sq km tenement at San Jorge.

If they come to the market with that then they no doubt will live to fight another day because they will have something real to progress and more importantly they will have something they can raise funds against. Making it all stack up and funding it etc are problems for another day and they can put their minds to solving that over time but the immediate urgency and problems will be overcome. Money will be able to be raised and they can get on with getting going. I am sure that if this is the announcement it will be accompanied by a detailed funding arrangement as well.

If the announcement is ANYTHING other than this then there is no way to talk it up as anything other than a major problem. If the announcement is more Hope and "soon" accompanied by a short term funding fix like a Con Note with friendlies or a discounted Share issue to friendlies then it will be seen for what it is and that is a few more weeks of wages.

Realistically its the moment of truth. They either have the license or they don't. If they do then the AVQ Bears (of which i am one) will be surprised but will have to admit that its a big achievement and that the SP will legitimately get a big leg up.

If the announcement is not that the ML has been issued then the AVQ Bulls will have to start facing the reality that there are far greater issues than simply waiting for signatures. The SP will likely take a further downgrade should the ML not be announced.

I guess all will be revealed when they make the announcement to the market.