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04/03/19
16:26
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Originally posted by mboose:
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Y 1980; Absolutely does not answer anything. In fact you just confirm that what was said in those 12/12/18 press releases are now contradicted by the announcement AVQ made coming out of trading halt only last week. AVQ in that announcement last week stated, the purpose for the use of some the funds AVQ seeks under the financing and off-take agreement currently being considered by both parties, will be used for the acquisition of mining equipment, ore drying and barges for loading the ore to ship.! An excavator or two or backhoe on site at San Jorge does not equate to the meaning of "mining fleet equipment" and definitely does not by any interpretation mean a mining fleet operation. If any resemblance of such a fleet of mining equipment or loading infrastructure was in place on San Jorge, AVQ would have plastered pictures of same in every conceivable publication, website (especially its own), mining forum, mining journal and international investment publication etc. Why would AVQ have done this if it was possible? To give confidence to its shareholders. To underpin the up coming cap raising. To underpin the Finance and Off-take Agreement currently undergoing due diligence. Last and by no means irrelevant, to answer and satisfy the constant concerns and disenchantment being aired by AVQ shareholders here on HC and elsewhere. So one has to ask the obvious questions, as to WHY NOT?
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@mboose , have a look at Axioms Top 20 Shareholders, you will find Anitua (they are one of Axioms major shareholders), Axiom have always stated they will work with their partners and their expertise (go to Axiom's website and watch their video). I've attached Anitua's website for you to look at, you'll see they have the initial equipment Axiom need to get this project underway.http://www.anitua.com.au/?fbclid=IwAR1hpSaHkbn01WTn0GOAAfAm9MFM3cvzlN4wQrEtGixDggK8-bu5SGBvgW8
Last edited by
scm211 :
04/03/19