AVQ 0.00% 2.5¢ axiom mining limited

is that it?, page-140

  1. 3,836 Posts.
    lightbulb Created with Sketch. 218
    I told you already so why do you keep asking me???? It's starting to get really annoying.
    Like I previously said, they are resource brokers so they are only interested if they can get the ore cheaply with their "commission" and will be making some of their money even before AVQ is able to pay their loan back. They aren't investing in AVQ, it's a loan so they will get their money back either way.

    And the question is around the term "viability", I've always said I think AVQ can break-even or make a loss of $4M which they can cover with CR and further dilution so it's "viable" to AVQ but does the market/investors deem this "viable" and how will this affect the MC......IMO, not positive as they aren't making any big profit that was announced to the market from the Kolosori's PFS.

    And my point is why didn't they spend the money on the SJ tenement where the land wasn't in dispute, instead of spending so much on Kolosori, this would have meant there wouldn't have been this "dispute" and problem AVQ has encounter which has stall their development at SI for years......IMO, they knew the Kolosori tenement had the world-class nickel laterite deposit and was in haste to get it into production, knowing the complexity of this land.
 
watchlist Created with Sketch. Add AVQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.