This is a good opportunity to suggest it is important to look for the facts and
@Deet has revealed this in this post. Thank You.
I read this document that
@Deet is referring to Et Al, and it was at the time where Axiom where preparing for the CoA, so it remains a reliable piece of information based on:
"This document is being supplied to you solely for your information and no action should be taken on the basis of or in reliance on this document"
Here is that document that
@Deet had deciphered from the consultants that produced it.
http://www.axiom-mining.com/irm/PDF/2701_0/FirstglimpsesofSanJorgespotentialThe next two references are taken from 2 reports from 10 years ago. I post these as historical informational references only, but whilst posters spin information when it suits them, how about we look closely at facts. Explore the author as a paid consultant, yes they are paid for, but look closely!
http://www.cellmid.com.au/SiteMedia/w3svc921/Uploads/Documents/Wise Owl – Update 18 October 2009.pdf"July 2008 wise-owl.com
Potential company maker if Axiom win massive project in the Solomon Islands. Axiom is vying for a large nickel laterite project which contains an estimated 159mt @ 1.25% nickel and 0.06% cobalt. If granted, Axiom will ultimately gain 80% of the project with 20% going to the landowners. Japanese mining giant Sumitomo Metals is also laying claim to the project but currently doesn't have the support of the landowners. A decision in the High Court is anticipated in August that will allow processing of Axioms jv partners, the traditional owners, prospecting licence application. The project has the potential to generate US$ billions in revenue."
I don't refute the SP's low offering, or the unknown knowns etc, I think we all know that if we had all those uncertainties answered then it goes beyond speculative.
"Japanese mining giant Sumitomo Metals is also laying claim to the project but currently doesn't have the support of the landowners"I needed to highlight that!
Tough time on the Sharemarket and property market at the moment, so I am looking forward to Axiom having good results, but IMO, it may not be until Feb 2019, but anything before would be a bonus.
Good luck to all.
