I firmly believe it is the grant of PLs on Kolosori and Tenement D. On 22nd of November, the Market was informed “The Company expects to be issued Prospecting Licences for these tenements shortly.”
on the other hand, on 12th this month the Management advised the Market that “It is anticipated that the Company will be in a position in the coming weeks to disclose details of its preferred and potentially contracted nickel ore customer/s, along with details of the financing arrangements.”
however, I honestly believe that the grant of PLs is even bigger news than the Off-take Agreement, because it gives Axiom more bargaining power over the final agreement, now than the whole project becomes even more profitable given we have JORC on Kolosori and PFS on Kolosori and San Jorge combine.
All the best to all holders, and Merry Christmas, everyone.
