AVQ axiom mining limited

prospecting licence granted, page-64

  1. 5,903 Posts.
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    Having a re-read over recent announcements, I reckon the 28 February Leasehold announcement looks a bit more spectacular, and the sp took a few days to take off after that. And the ASX exclamation mark (= price sensitive ann) is actually next to the resumption of trading ann, not the Prospecting Licence ann. So people might miss it if it is not reported loudly in the Financial Review on Tuesday or Wednesday. So we might pick it up cheap on Wednesday.

    Can anyone tell me if there's a big enough difference between the Leasehold ann and the Prospecting ann to move the sp significantly on Wednesday? Wasn't it already presumed that Axiom would get the prospecting licence? Prospecting licences aren't normally that big a deal (unless you know the background). I guess, competing companies will want some of the action. It has been announced on some mining websites and on ABC.
 
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