AVQ 0.00% 2.5¢ axiom mining limited

Ann: San Jorge mining update - Drilling and fleet mobilisation, page-25

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  1. 867 Posts.
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    Have previously spent many hours - typing in here - * the message is important - re: NICKEL LATERITES **

    Nickel sulphides , are not as significant as perceived , much as I’m a WA developing nickel sulphides resource fan also . (Western areas also a great bellwether stock for monitoring nickel market - IMO . I do not hold it . Only sgq otherwise. )

    Axiom- AVQ is my greater investment .

    The LME - July / August - London Nickel commodity outlook update overview - said the same as this Toronto Nickel update - see interview below.

    **Nickel Laterites - will make up the bulk of supply into the real , and increasing demand for Nickel . **
    EVs demand - yes is real . And Battery Minerals.

    Under- realised - is the **enormous increased demand for Stainless Steel as a result. **

    Indonesia , Philippines have been and continue to be the largest traditional suppliers- straight up into Asian end- users .
    Indonesia has additional capability - already being accessed . China has a significant hold on supply from current Indonesian Laterite Resources - including the processing output . There have been recent issues . Processing not up to requirements. Allowed some greater direct ore shipping - most importantly - in that 1.4- 1.6 - 1.8 % area type of Nickel Laterite ore.
    Depending on smelter specifications.
    ( I don’t follow Shanghai Nickel exchange as closely as some here may Recommended to follow )

    Constraints with Indonesian Ore - as well as well -understood restrictions on Philippines Laterite nickel ore exports - have occurred at the same time as demand for nickel ore , laterites especially, is burgeoning..

    The Solomon Islands, especially Axioms Isabel Resources - needs to be progressed quickly now - get SJ at first , into being the supplier to fill a very real niche demand .
    * San Jorge type DSO Laterite ore - fits .
    ( yes - I would also like to see an updated PFS , figures - when duly can be completed . And JORC with time . We already have a lot of past results and data to look to . Axiom previously released . 2015- 2017 + )


    Anyway - Nickel Laterites

    Note -
    ***Axiom , I think , are years ahead .
    Years .

    ***Axiom first commenced this journey , in Isabel Province , nickel projects , as well as working closely and importantly together with the local landowners- over a decade ago now .

    BOLTA.
    Grateful for these updates from the company . The market seems to have doubted for so long , as all of us have along the way after so many delays and difficulties , while the SI has evolved.

    The Solomon Islands - it simply must be time for them as a country now .
    The Solomon Islands is progressing more rapidly now at last. They are fortunate to have much support .

 
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