Ann: Half Year Financial Reports 31 March 2017, page-17

If you think 0.2% Co is so high grade then you really need to do more research. Plus it is embedded in the laterite, high cost of extraction. That announcement you refer to still show the same low grade nickel.

Check ECU, high grade and sulphide.

As for the ML if you read the SI Mining Act they state exactly what is needed for a ML. If AVQ had any of those requires documents they would have had to announce it to the ASX. They haven't hence they do not have any of the documentation that is required (i.e. proof of viable resource, feasibility study, environmental study). All mining companies go through the same thing. Stop being silly and claim AVQ can get a ML based on a few drill holes.

Why don't you answer the question why AVQ needs more than a dozen consultants at any given time and why they spent $600k in March alone. And why does Axiom KB have $24 million in liabilities on their balance sheet.