AVQ 0.00% 2.5¢ axiom mining limited

Ann: Kolosori Tenement Update, page-73

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  1. 1,311 Posts.
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    The 4 points below bring to light the enormity of the project, including the difficulties with processes.  IMO once SJ is providing evidence of production and if the other new Licences are in the courts, there will be a large backlash against those that provided the following:

    1. Axiom is considering applying for judicial review in the Solomon Islands High Court seeking that its prospecting licence application be properly considered pursuant to legislation. 
    2. Last week, Axiom was successful in obtaining default judgment in its favour for every item of relief sought from the Solomon Islands High Court in defamation proceedings against an individual and an entity associated with one of the companies that may have been issued with a prospecting licence over Kolosori. 
    3. The judgment concerns the publication and distribution of materials that contained a number of false, misleading and defamatory statements about Axiom. These materials were distributed by a competing group to members of the Minerals Board and the then Minister of Mines before the Minerals Board meeting of November 2018 where Axiom’s Kolosori prospecting licence application was considered.
    4. Among other things the judgment ordered the defendants to: pay Axiom damages for an amount to be determined by the court at a future date; and serve an apology and full retraction of all the false and misleading statements made to the recipients of the publication including the Minerals Board, the Minister of Mines and media organisations.


 
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