Your post is only trying to maintain doubt and even give a sense that something is ‘wrong ‘ , or ? whatever . Maybe you believe your words . All the best .
However- it is still not true , though you can say whatever vague worrisome things you wish to .
***Readers can read here , any posters including all the resident detractors —
Or,
Interested readers— can read the companyannouncements.
(“At all “ - is a nothing phrase , only words . )
I know all have their own reasons for assertions - I am more a fundamental researcher . Follow all for my own investing alone .
I’m guessing - a good guess .. that the company can and will only be able to release material news on Funding arrangements from ? Offtake buyers as they’ve purported —
When they themselves have arrangements finalised , or licences signed ?
They can’t tell Us ~ before they know and have finalised agreements for the company !
Then .. they Must tell us pronto .
Clearly then - there is not anything material to market , that is not business in confidence , that they can release .
Yes - we wait . Interminable- another year .
*However- yes @barry - Axiom and all of us inc LOs - are in a fantastic position . Situated best ever - where all dreamed of arriving to .
And moving into Production!
And- volumes have been Low . The CN holder sales and even any short sales - are always gobbled up by buyers , happy to own .
** Most Axiom shareholders have increased their holdings ** ( again - purportedly. )
I thought also - perhaps we could see it as positive that axiom (hopefully )won’t be attached to only one buyer .
With time and the other Isabel tenements- legally axiom again have rights to for PLs ! (Kolosori! Tenement D) , so there will be a LOT of ore ! Through many years .
? 25 years life of Mine , SJ alone !
(and much further upside with exploration ! This was alluded to I think in yesterday’s announcement )
If you are a farmer/ or other producer you generally have a number of diversified buyers , & may sell to a new keen incoming buyer seeking tonnage in the market specifically for your quality and variety of production - eg. Large Brazilian buyers enter the local market here - have come in and eased back through recent decades - for our agricultural produce . They’re always there on the sidelines , watching . (Although they also are large beef and grain , crops producers . )
**All end - users also behave as commodity players , they never ever want to be caught short on their own needs , but trade excess also - they may offload earlier forward purchased commodity to another “short” in the market for urgent ‘Spot’ requirements - and save all the effort of own collection , shipping etc . And Profit best by flipping if other buyer is nearer for end- use , and willing to pay a premium .
** the Urgencies are NOW - end users , for axiom Nickel Laterite also - we hope are positioning with Axiom for into the future . But they won’t be behaving with full eagerness — they will be foxing , and conservative also .
All producers through years - must be reliable , maintain contacts & been associated with Commodity Broker houses or an industry major or regional processor/ buyer / or country even - who is allied with local producers as a broker between producers onto end-global buyers . ie. ‘the market “ .
Axiom looks like ? - is now establishing early Offtake relationships .
Will be trials yes? also - with buyers who’ve likely been speaking to them for years ! ( I have no industry knowledge here )
***But the company would NOT be progressing , nor significant shareholders steadfast and even providing more ongoing finance! - unless the fundamentals are compelling for the long future . (certainly good economics , and highly feasible !)
Or again- the company would have to inform the market - if was ever doubt to profitability, or ongoing.
Encourage - all interested - to DYOR !
AVQ was shorted - shareprice pushed down this year .
Until we see Volume buyers - not a huge amount of volume will be required - to overwhelm little dribbles of negative-sounding sentiment and ‘overall feel ‘ ? , as well as any traders still gently selling to cap the sp or potentially even be acquiring small holdings !
The main shareholders - Hold -the large majority of stock .
Traders can only work ( try to stunt , or scare) Retail small investors , and the CN holder - convertible note selling up to 15% of volume each and every day . ( nearly done !? Yes - been terrible that SI situation - has lead to need for this retrograde and horrid further form of funding this year . CEO pay all aside - I do think he works tirelessly - we could easily have another 2 fulltime directors to perform all that he has done . )
BOLTA
Wish had been better these last 2 + years .
Many much larger Market cap early miners and developers - all early stage resources stocks are ‘on the nose’ . All emerging companies even with incredible resource holdings - have had sentiment bashed down I think .
*Accumulators- have gone to considerable effort to cap shareprices, and drive greater negative feel as ‘market ‘ dropped - to become substantial holders . ( Aurelia yesterday , MetalsX a few weeks ago ! BHP even possibly before their swift offmarket purchase of significant holding in SolGold ? Many other examples . Atlas ! ? )
My only thoughts - shareprices are completely unhinged from fundamental values and potentials at the moment .
Even for many Majors who are already progressed far further . (WSA, Altura , Pilbara ridiculous . I do not ! own any of these . )
I also believe- that Axiom is a special case - has incredible future resources base, however is ongoing market concerns due to doubts with the Solomon Islands .
AVQ Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held