Yes Ash second hand machinery is cheaper and for a good reason, it is less reliable and requires higher maintenance due to age and wear.
When you are in a remote location, servicing and parts are days or weeks away, old equipment is a greater liability than new equipment. This is a fact.
I am not bashing the company I am just pointing out this fact.
It is common knowledge the company is low on funds and any start is better than nothing.
This machinery is all light to medium weight class when it comes to mining.
The point I was making in my earlier post which followed on from Kokoda's very relevant post is that some posters have been waxing lyrical about Axioms prospects when there has been no analysis of costs, or viability.
AVQ Price at posting:
9.4¢ Sentiment: Sell Disclosure: Held