So you see no positives for axiom at all? Come on!

First 16 Last

Share
Profile

Follow
yakka1980

159 Posts.

94

01/03/19

22:47

Post #: 37627422
Share

Originally posted by mboose: ↑

D’s260:
it is hard to identify many positives from this AVQ. announcement except the obvious ONE. That is that AVQ has a stay of execution till at least the cap raising is executed.
Depending on that cap raising outcome AVQ’s future is very much a worrying unknown.
The PAST cap raisings AVQ has predominantly HAD TO RELY ON to stay afloat have been last choice options on offer in the finance sector.
The markets did not like those cap raisings.
The stock market does does not like the AVQ story.
Cornerstone investment houses don’t like the AVQ story.
Convertable notes are far from ideal or serious finance arrangements under the circumstances that AVQ entered into them. In fact they are considered last choice deals in most cases.
The earlier 2015 Offtake Agreement was nothing more than a short term funding prop and PR PROMO to keep the company afloat.
Todays offtake agreement if it comes to fruition
is again a last choice option for AVQ. The real winner here (should a deal be struck in 3 months ) would be the middle man offering this short term funding/brokering service for any ore produced.
Lots if’s, buts and maybe’s....... but hard to see any positives other than management may well see enough capital raised to cover their wages and fees all imo.

Expand

So you see no positives for axiom at all? Come on!

AVQ Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

Chaos reigns markets – so let's take stock of where we're at ahead of December

Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees

PME

Pro Medicus signs landmark $330M deal to roll out imaging platform in US hospitals

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

SHN

Chimeric clocks $4.17M R&D tax rebate from Canberra

MTM

Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

OCN

Southern Cross Gold zooms in on 9 new high-grade zones above 20g/t at Golden Dyke

There are more pages in this discussion • 215 more messages in this thread...

First 16 Last

Add AVQ (ASX) to my watchlist

So you see no positives for axiom at all? Come on!

Top Stories

Chaos reigns markets – so let's take stock of where we're at ahead of December

Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees

Pro Medicus signs landmark $330M deal to roll out imaging platform in US hospitals

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Chimeric clocks $4.17M R&D tax rebate from Canberra

Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Southern Cross Gold zooms in on 9 new high-grade zones above 20g/t at Golden Dyke