AVQ 0.00% 2.5¢ axiom mining limited

Positive Comparison to Sconi Greenvale, page-27

  1. 2,536 Posts.
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    Hi Krum
    Just one final point seeing that there is this comparison thread with AUZ
    The AUZ BFS was heavily scutinised by the lenders, facilitators, NAIF and their 100% offtake partners where only the measure was used at 33mt reserve from a JORC of 89mt resource...now........AVQ have a JORC, if a BFS ever did come out from this BOD (haha) and been put through similar scrutany from any interested facilitator there would be very little reserve left making the whole project not economical.
    Axiom need K for a respectible Feasability or find some good seams at SJ. A 3m Saprolitic Av seam found thus far just isn't "World Class".....as this BOD keep claiming....Yes I have taken this up directly with Ryan and his response was completely unsatisfactory.
    I'll be looking forward to both K news and SJ drilling updated....and fingers xed bloombergs are correct with Nickel due to jump back into the $7lb next year and predicting up to $9lb following. LME are due to split nickel pricing next year with 3 grades. Hopefully demand for the lower class 2 DSO will be strong. Class 1A demand by 2020 will be massive.
    Cheers
 
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