AVQ 0.00% 2.5¢ axiom mining limited

asx grub, page-11

  1. 400 Posts.
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    Hi SJB,
    As much as it pains me to admit it, i am slowly coming to the realisation that Axiom is nothing more than a lifestyle Company for a select few... I truly believe RM has taken all bar a select few for a very long ride to fund his lifestyle until his next opportunity arises. He promised the world and delivered nothing! I got to pay credit to the man he has played this game to perfection! Eventually when the Sh*t hits the fan it will all be the SIG's fault as well as the disgruntled shareholders who did everything in there power to boot him prematurely. If he was serious about the future of AVQ and didnt want to take a pay cut so as not to lose Investor confidence, he could simply continue to commit more of his 800k salary towards taking a bigger stake in the Company. Instead he pumps approximately $800k into MNM instead...
    Seriously doesnt it make you guys wonder what this Banker who knows nothing about mining is up to? At the last SH Meeting in Sydney last year i asked him about his salary and he had the audacity to tell the entire room that he needed 800k a year due to living expenses in the Solomons! 3rd world country expenses! I bet he earns more than anyone in the entire country!! I wish i am wrong but unfortunately the way things are at the moment i cant see how we will come out the otherside....... I have absolutely zero faith in him and the board as a whole! Dont be surprised if you see an advert in the local Solomons Paper stating AVQ have just purchased 200 shovels and 50 pick axes next week just to pump the share price once more! Management are using every trick in the book to help subsidise there lifestyles for just thst little bit longer!!! Every decision they have made in the last 36 months has only ever been to benefit themselves!! Again the writing is on the wall....... i wish i was wrong! Lets see which poor buggers participate in the latest rounds of filling up the poor boards pockets!!
 
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Currently unlisted public company.

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