Axiom set for a big 2017, page-85

It seems to be trending lower if there are no news (which is pretty obvious), when they get the JORC of SJ (no doubt they will), we know they are not exploring the entire tenement so it will be hard for the market to determine the entire MC of AVQ, I think $70-80M AUD MC and if they do get into production $120-150M AUD MC, maybe max of $200M AUD (if there COP is as low as they have projected).

This is based on whether the JORC of SJ and ML of Isabel hasn't been already factored into the current MC, I still think it's already too high for an explorer......