AVQ 0.00% 2.5¢ axiom mining limited

You so often claimed that RM was sitting around doing nothing...

  1. dc3
    42 Posts.
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    You so often claimed that RM was sitting around doing nothing for an extravagant wage so I don’t think the licenses were granted to get RM “off their back”. You can’t have it both ways.


    Also funding and economic viability are part of the prerequisites for a mining license so unless you believe that the SIG is blatantly incompetent, these things should also be ticked off. In the past i’ve heard you say that it’s RM’s fault that licenses have not been granted, rather than the incompetence of the SIG (which some people claim). Again, you can’t have it both ways.


    With all due respect, I don’t think that any of the questions that you have posed are cause for concern. Agreed, we don’t have a JORC but unless we decide to site a “defined resource” on the ASX, it is not required. This doesn’t mean that we don’t have a good idea of what is there and whether it is viable. International financiers probably won’t require this standard either to provide funding, as long as there is sufficient data to know whether they are going get their money back.


    So I guess the financing announcement will reveal the quality of the mine and it’s feasibility.


    Until then, don’t stress yourself Jazz, it’ll age you.

 
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