I think with time ~ $500 million MC .
Then onwards. As long as Axiom are , they must be ethical , be safe , follow environmentally sound practices - then Will be a miner longterm in the SI.
Extra tenements, inc West Guadalcanal- will come along .
Axiom will then be - excellent new niche DSO Nickel supplier- in the Sth Pacific - to Indonesian rim .
I think - anyone aboard with Axiom - will see , or
is seeing-
*Axiom will hold , and Be — how Sumitomo actually had envisaged Nickel DSO operations to be , with their aims in Isabel Province , SI .
(SMM wanted additional tenement areas - Kolosori for Port Offtake point especially - for their tenement D which they had drilled quite extensively I think ? )
Axiom - will be significant longterm
quantity provider - Nickel ore provider :
Nickel grade 1.4% areas (% below not key target grades ) — 1.6 - 1.8 % Ni ,
withcredits more with time as relevance —to further higher % Ni ore (higher than 1.8%! zones - truly very high grade Laterite deposit areas
)
However - 1.6-1.8 the main regarded key ore . Isabel.
Areas to be upcoming are - Double the original conceiveded by Axiom with Isabel Nickel Mining.
( this is with tenement D - which eligible for PLs now as well as Kolosori back
)
Then who knows.
Will be -
* 2 (to 3?) port points - for barge transfer ? to ocean ships —then shipping to Asian Ports destination buyers .
I see -
* Up in hundreds of millions dollars market cap valuation - within 18mths- 2 , then~ 3 years .
ie.
The next 3 years - be much better than these past 3 we’ve endured !
BOL longtermers , as well as newcoming investors as ppl become more comfortable .
(I’m guessing . At present it looks dark and stormy - i certainly don’t think this a true reflection of how Axiom will be soon in next years - & onwards )
I have always thought- that Axiom will go On , and On .
Axiom have now been in the Solomons for over a decade - the beginnings .. which been tumultuous. Much was not very good at the time.
Longterm ??
A $Billion mining company with local indigenous landowners - in the Solomon Islands.
Can dream or envisage this ?
**This is heresay at present ! But I believe more than possible . Likely ? As long as is Good for All .
Jason S. (Resources analyst - subscriber service -was ) - was highly passionate about axiom and that Axiom will be a miner of significance in the Solomon Islands.
Judging by his independent write-Up a few months ago - he still is .
Seriously -
Axiom with resource assets held ultimately - $ 500 MC and growing ; will be very reasonable .
When in production with 2million tonnes pa - SanJorge ,and lets say the same again - from Kolosori / Isabel Greater .
So consider -
Case analysis- of 4 million tonnes DSO - Laterite •Ni ore - shipped cost ~ $14 US .
•Add $10 additional costs. (Mining , shallow , within 2-3kms shore to Offtake points- sea )
•DSO Laterite Nickel (~1.6 % , could be localised 1.4% good quality ?? SJ )
Returns were $50 / tonne US - though $45/t more conservatively .
••I Use - $40 /t US more safely as now this what was reported last Friday - in feature article .
•••I downgrade further to $10000 /t Aust Dollars Profit — I have always used , when calculating returns - as very safe , conservative sums •••
This the return , potentially- as nett Profit per tonne .
DYOR - and then , let Us know what you think !
The Solomon Islands truly needs our thoughts and prayers too.
* These are times of enormous transition for the SI people . They have a good future . Not time for self- interested parties , and arguing .
They’re already another 18mths into their ‘second independence ‘ .
They truly need leadership and focus forward - to Grow and Florish . Be great if HC could be the same
For the progression here there are no shortcuts .
However unfair has been to date .
All processes must be followed .
Go - the Solomon Islands .
* Steady heads and hands ! ( No scurrilous stirrers please )
I am sure- that know enough of the integrity of the people working- and believe Axiom are dedicated to all involved in Isabel , for all shareholders and the SI people .
The waiting for Godo style meme yesterday that someone posted however, was very apt .
BOLTA .
