It is not just an application: it is stipulated in the grant of...

It is not just an application: it is stipulated in the grant of LOIs (first part of PL approval process - approval process and not just an application process) that once SAAs are secured, PLs WILL be granted. This rule is explicitly carved in SI Minerals legislation. This has, therefore, also been consistently reflected on Axiom’s updates.

“The Company expects to be issued Prospecting Licences for these tenements shortly.” ‘expects’ is a strong and definitive term in anyone’s dictionary.