Following the court of Appeal decision Gunvor Singapore Pte LTD has confirmed its commitment
to its off-take and pre-payment agreement with Axiom as previously announced to the ASX on the 22/12/2015..........
Incor holdings Plc converted $5 million of its convertible note's to equity , which allows Axiom to retain Flexibility over future project funding as announced to the ASX on 31/3/2016
Incor have indicated they are open to future financing arrangements with Axiom for the development of the Isabel/San-Jorge Tenements.....
South Pacific mining services leader and major Share holder Anitua ltd will continue with Axiom on the development of San-Jorge Tenement whilst waiting for the outcome of the Isabel PL application.
1/4/2016.
whilst Axiom may put up 100% of the capex .....Axiomkb will only receive the nett value of any income after costs including any taxable depreciation its not 20% nett its 20% gross....
AVQ Price at posting:
26.3¢ Sentiment: Buy Disclosure: Held
