AVQ 0.00% 2.5¢ axiom mining limited

Ann: Pre-Feasibility Study for the Isabel Nickel Project-AVQ.AX, page-90

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  1. 8,619 Posts.
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    Didn't you say 37 cents the new base?
    Take off those rose colored glasses and you'll see this project has no margin of error.

    But let me find the sensitivity analysis. Oh, there is none. I wonder why.

    IMC had to work the numbers hard to get this published. Couldn't even use opex including CIF. Nope, had to be FOB.

    As I said, you only have to change the input numbers a little bit and the NPV becomes very close to AVQ's current market cap.


    Incor selling for a reason. I reckon they will sell all their shares

    I look forward to your next in-depth researched posts, i.e. news paper article or one liners such as "watch this space". Your followers have been watching this space for 5 years only to see this stock fall 80% during that time.
 
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