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04/12/18
13:54
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Originally posted by yakka1980
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I am completely over the negativity and bickering that iscurrently occurring in this forum and want to take the discussion out of thegutter. I want to move the chat away from finger pointing at the company orposters. Away from ramping whichever direction it might be in, up or down. Especiallyaway from what happened in the past, whether it was the companies fault or SI governmentsfault that it took years to get licence. Let’s just look forward.
The facts which we have at the moment are:
We have the ML for SJ – shipping is expected for 1stshipment by end of Q1 2019
Signed SAA for Kolosori – pending approval for PL by SIgovernment
Awaiting finance or off-take agreement for SJ which we shouldbe expecting shortly
Based on the where the company is right now, IMO I believethe share price should be higher, however I am sure the market is still veryuncertain.
Once financing is secured (assuming on good terms) the shareprice should jump up IMO but its all a matter of when. I would have expected tohear about the financing by now. I am convinced this has been pushed backbecause of the securing of the SAA for Kolosori.
Does anyone here have any idea what the hold-upmight be on the financing? I would hope I don’t receive rude or sarcasticresponses. Let’s try and have an educated, adult discussion.
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financing likes to know they are going to get their investment back, plus some.
IMO financiers are doing their DD to make sure they will get their investment returned. It's not as straight for as some may lead you believe & axiom is NOT guaranteed to be mining & profitable.