AVQ 0.00% 2.5¢ axiom mining limited

11 Hours, page-80

  1. 3,914 Posts.
    I am showing respect by giving the correct information.
    The following is the link that clearly refute your point 1) & 2).
    As for 3) from memory $9M was spent in 2015 to upgrade the JORC in Isabel announced in Dec 2015, they got the PL for SJ in March 2015 (this was the part that you corrected me as I said early 2015 but it was March).

    Axiom KB, a joint venture between Axiom Mining and landowners, in which landowners hold a 20 per cent stake, has already lodged a new application for prospecting licences.
    It is the only company with activity on-site and had been hoping to begin ore exports this year.
    Sumitomo was not available for comment but is expected to continue its fight for access to the deposit.
    John Sullivan, the principal of Sol-Law, a Honiara-based firm which represented Sumitomo and landowners supporting Sumitomo's bid, said his landowner clients have had a great victory.
    "They are ... the only complete winners in the case," Mr Sullivan said.
    "The most critical thing is that customary land can only been converted to registered land in strict compliance with the statutory procedures.
    "On the land side, I think it is the most important case since independence."

    http://www.abc.net.au/news/2016-03-23/axiom-mining-loses-solomon-islands-nickel-to-sumitomo/7269324
 
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